Teesworks

[asredastheycome]

https://www.gazettelive.co.uk/news/teesside-news/rebrand-former-steelworks-site-plans-18677336

Reading the Gazette today it states that eventually 775 jobs will be created on this site. However that is going to cast £393 million which seems high for the number of jobs it will create. That's a cost of over £507,000 per job. When you think of the numbers that worked there at the closure of the Steelworks never mind in its heyday it doesn't seem much of a return. I dare say if the Government had stumped up that amount at the time we still might have the Steelworks.

 

[NorthumberlandBoro]

Per the teesworks website the ultimate aim is a lot higher..
'The South Tees Development Corporation has today (10 July) submitted game-changing plans for a 4.5million sq ft of state-of-the-art manufacturing space on the site of the former SSI steelworks in Redcar, which will create 9,000 jobs.'

Maybe just poor reporting by the gazette

 

[asredastheycome]

Hopefully. I get the Gazette but don't remember the article you mention. Thanks will have a look for it.

 

[Concrete Dreams]

Aren’t the jobs announced yesterday part of the clean up and demolition of the sites?

 

[Centralscrutinizer]

Aren’t the jobs announced yesterday part of the clean up and demolition of the sites?

That sounds more realistic as I'd expect it would cost the 393 million quid just for the cleanup operation.

 

[Holgatewall]

Aren’t the jobs announced yesterday part of the clean up and demolition of the sites?

Yes

 

[Norfolkred1]

Can we sell the scrap to China.