City companies get investment grant

Press Association
Nick Clegg
Nick Clegg

Grants from the Government's regional growth fund will help create and protect 275 jobs at two firms in the North East, Nick Clegg will announce on a visit to the region.

CAV Aerospace in Durham, which manufactures aircraft components such as ice protection systems, is receiving £1.4 million which, with £8.2 million of its own investment, will generate 78 jobs and keep another 105. A £750,000 grant will boost a £3.2 million investment by the city's Greencroft Bottling in new production lines and IT systems.