North East major employer British Engines has launched a recruitment drive to create 100 new jobs as it marks its centenary year.
The group, which first launched in Newcastle in 1922, has eight businesses which design, develop and manufacture technology leading products that are used around the world across a range of sectors.
Now the firm has published accounts for the year ended October 31 2021, showing a return to profit. The previous 18-month period led to a loss of £12.9m, after including restructuring costs of £19m, but an increase in orders in the most recent financial year has led to operating profit of £5.38m.