MORE than 120 jobs will be created in the region following a £13m investment programme.

The jobs of 154 workers will also be safeguarded by the investment at TKA Tallent Chassis, at Newton Aycliffe, County Durham, which includes a grant of £1.6m from regional development agency One NorthEast.

The project will lead to the creation of 121 permanent, full-time jobs by 2006 as the car components plant increases production.

The grant will pay for welding robots and other equipment to be used on a contract for a European vehicle manufacturer.

The project will involve the development and manufacture of chassis components, which will be supplied to UK and export car markets during the next eight years.

As well as being Newton Aycliffe's largest employer, Tallent is also one of the longest-established companies in the town, employing about 1,000 people.

Set up in 1948, the company has produced more than just car chassis.

Tallent managing director Simon Flunder said: "Since we were established, we have produced parts for microwaves and computer components, but are now exclusively an automotive component manufacturer.

"We are proud of our Aycliffe roots and our skilled and committed workforce and I am delighted that we have secured the grant to help our latest project. It really is an exciting time for everyone at Tallent. We have a comprehensive and thriving modern apprenticeship training scheme with 28 apprentices.

"However, even with the training scheme, we are looking to recruit skilled maintenance technicians now."

One NorthEast director of business and industry David Allison said: "Tallent is a long-established firm that employs a large number of local people. By continuing the plants growth, Tallent and One NorthEast are ensuring that these jobs skills stay in the region. Tallent's commitment to the area has to be applauded. Hopefully, this grant will help secure a long and prosperous future for this firm and its employees."

* Tallent is holding an open evening today for anyone interested in an apprenticeship.