A groundbreaking company is bring 125 highly skilled jobs to the region with the launch of £68m factory near Durham.
PragmatIC Semiconductor makes flexible electrical circuits that are thinner than a human hair and can be built into a range of products. Once its factory is up and running by next year it will create billions of them for customers across the world.
Work is now underway to prepare the factory - known as PragmatIC Park - at Meadowfield Industrial Estate, near Durham. PragmatIC, which already runs a production line at nearby NETPark, has secured £68m ($90m) of funding from investors to launch the project which it says will make the North East site the centre of a worldwide network.
