The boss of an innovative manufacturer bringing more than 100 jobs to County Durham says his company is drawing talent from across the world to the North East and is on course to become a global success story.
Alastair Hanlon, who is chief commercial officer of PragmatIC Semiconductor and originally from the North East, said work is progressing on £68m plans to bring a new factory employing 125 to the former site Wavin pipeworks at Meadowfield for production of the firm's innovative flexible semiconductors that are thinner than a human hair and can be applied to thousands of everyday products and devices.
The firm's ambition is not only to set expand itself in the region but to draw other industry-affiliated suppliers and start-ups to County Durham to work alongside it, drawing on what Mr Hanlon calls the "huge intellectual horsepower" of the North East.