Growing Gateshead property company MCM Group has swooped for two Tyneside industrial units in a £1.175m deal.
The company has acquired Units 1 & 2 Neptune Court on Orion Business Park, North Tyneside, from Parmley Technologies and leased them back to the company in a 10-year agreement.
Parmley Technologies provides PCB (printed circuit board) manufacturing, as well as electronic control panel assembly, wiring, hydraulic assembly and testing, with its systems used in power distribution units, hydraulic and pneumatic control systems and joystick consoles.
