Up to 1,000 new jobs to be created from new engineering group

Wealthy investors with cash to spend on acquisitions are launching a new engineering and technology group from headquarters in the north-east.

Texo Group is expected to create up to 1,000 new jobs across multiple UK based locations and generate annual revenue in excess of £100 million.

The aim is for it to become a leading inspection, engineering, procurement and construction specialist for sectors including oil and gas, clean energy and renewables, marine, nuclear, telecommunications, utilities and critical civil/infrastructure.

Read more on Energy Voice here.