Six-figure investment into door manufacturer Conduit Construction Network Ltd (CCN) has seen the firm expand into new premises and create jobs.
A £600,000 funding package from the Finance Durham Fund, managed by Maven Capital Partners and established by Durham County Council, has allowed CCN, which had employed about 80 people, to relocate from South Shields into a 54,500 sqft facility at Belmont Industrial Estate. The move also comes with the creation of 30 new jobs at the family business which supplies doors and screens to a range of sectors including health and education.
Significant capacity has been added to CCN's operation in Durham and investors said the package had been used to fit out the new factory as well as purchase new machinery. The investment will also allow for an expanded product range and faster, more efficient manufacturing resulting in shortened lead times.
