To ask the Secretary of State for Trade and Industry whether he will list the major investment projects attracted from overseas to the northern region since (a) 1979, (b) 1983 and (c) 1987, together with the capital costs of each project and the amount of grant offered.
Details of major investments known to have located in the northern region since 1979 are listed. All these projects are known to have capital costs in excess of £5 million and all were assisted by grants of regional selective assistance. Comparable information on other forms of assistance is not readily available. The information is set out in the required chronological order and is based on when regional selective assistance was offered.
Major Inward Investment in the Northern Region | ||
Company | Project Cost (£'000) | RSA Grant (£'000) |
1 January 1979 to 31 December 1982 | ||
Eimco (GB) Ltd. | 5,426 | 666 |
Kimberly-Clark Ltd. | 26,787 | 1,350 |
3M UK Holdings Plc | 8,414 | 650 |
Black and Decker | 6,418 | 950 |
Coles Cranes Ltd. | 12,445 | 1,582 |
Formica Ltd. | 7,759 | 500 |
Rohm and Haas (UK) Ltd. | 7,219 | 575 |
Union Camp Corp. (USA) | 6,318 | 300 |
Fisher Price Toys | 12,816 | 2,385 |
DJB Eng. Ltd. | 9,131 | 1,450 |
Yates Circuit Foil Ltd. | 10,616 | 250 |
Albright and Wilson Ltd. | 5,550 | 750 |
1 January 1983 to 31 December 1986 | ||
Kodak Ltd. | 61,044 | 2,000 |
Transfer-All Purpose Foils Ltd. | 5,344 | 819 |
Forbo-Mayfair Ltd. | 6,500 | 700 |
Black and Decker | 9,910 | 2,000 |
THC Fabricators (UK) Ltd. | 6,151 | 575 |
Philips Components Ltd. | 9,909 | 900 |
Black and Decker | 22,000 | 2,450 |
Komatsu Ltd. | 16,449 | 1,200 |
NSK Bearings Europe Ltd. | 32,000 | 1,600 |
TC Industries of Europe Ltd. | 5,970 | 1,295 |
Tolaram Polymers Ltd. | 14,377 | 350 |
Nissan UK Ltd. | 349,900 | 35,000 |
NSK Bearings Europe Ltd. | 15,093 | 450 |
Black and Decker | 9,760 | 1,000 |
1 January 1987 to 31 Janaury 1992 | ||
British Alcan Aluminimum Plc | 7,000 | 2,000 |
Company
| Project Cost (£'000)
| RSA Grant (£'000)
|
Sterling-Winthorp Group Ltd. | 15,115 | 3,382 |
Key-Tech (Europe) Ltd. | 11,288 | 1,200 |
Swaddlers Ltd. | 8,780 | 950 |
Newcastle Chronicle and Journal Ltd. | 5,372 | 700 |
Fujitsu Microelectronics Ltd. | 400,000 | 30,000 |
Swilynn (UK) Ltd. | 14,145 | 2,950 |
Nissan UK Manufacturing Ltd. | 216,000 | 14,400 |
Cookson Fukuda Ltd. | 24,318 | 650 |
Hashimoto Ltd. | 9,850 | 1,500 |
3M UK Ltd. | 11,882 | 1,700 |
TRW Thompson | 30,300 | 4,500 |
Marley Kansei Ltd. | 7,694 | 846 |
Schurpack UK Ltd. | 6,235 | 850 |
MAS Electronics Ltd. | 8,615 | 1,700 |
Note:
1. Major inward investment projects have been defined as those first time investments, or expansions of existing investments, by foreign owned companies which involve project costs in excess of £5 million.
2. Details of grant are for offers of regional selective assistance (RSA) accepted by foreign owned companies since 1 January 1979.
3. The Northern region is the north-east region plus Cumbria.