De La Rue to create 70 new money-making jobs in region

Mar 13 2009 by Rob Pattinson, The Journal

BANK note printer De La Rue has announced it is creating 70 new jobs in the North East. A boom in foreign currency printing, particularly in the developing world has seen the international firm continue to grow healthy profits despite the recession.

Now the currency manufacturer is looking for new employees to literally help it ‘make money’.

A date for recruitment has yet to be set but the company has confirmed all of the positions will be in production and based at its Gateshead plant, in the Team Valley Trading Estate.

The new workers will mean the FTSE 250 company grows its complement of staff at the site by 40%, from 170 to 240. The move follows an impressive show in its interim results last year.

Head of Corporate Affairs Gary Williams said he was delighted to announce the new posts at a time when many firms across the country are continuing to struggle with the recession.

“We do actually want people to help us make money, that’s what we’re recruiting for,” he said.

“We’re delighted to be able to provide these jobs. Anything like this is of benefit to the economy.