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On 28th September 2015, SSI announced they would be “mothballing” their Redcar plant, including the blast furnace, which was the largest in Europe at the time.  

The South Tees Development Corporation (STDC) was launched in August 2017, covering an area of around 4,500 acres land to the south of the River Tees including the former SSI steelworks site and well as other industrial assets. 

In October 2017, the STDC published the South Tees Regeneration Master Plan. This aims to create 20,000 skilled jobs, focused on “manufacturing innovation and advanced technologies within a high value, low carbon, diverse and circular economy”, through the creation of an industrial park, increasing the economic contribution of the region to the overall UK economy to £1 billion a year.

 


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