Biochemica has secured a £20,000 grant from The Capital Grant Scheme to support the purchase of new machinery.
The company has used the investment to purchase new technology which it hopes will lead to a much more efficient process.
David Ruddy, managing director of Biochemica, said: “The Capital Grant Scheme has enabled Biochemica to invest in new machinery allowing us to have a more competitive presence within the process sector in the global market.
“We have created new jobs and safeguarded several existing ones helping to support, sustain and grow the local economy here in Tees Valley.
“The grant has also helped Biochemica to address the skills gap in the region which has been reported on previously by regional bodies such as the North East Chamber of Commerce and the North East of England Process Industry Cluster.
“The funding from Tees Valley Business Compass has led to a number of new growth opportunities for us and I would highly recommend it to other businesses.”
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