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Bid submitted for purchase of Corus's Teesside plant

Corus has received a bid to buy its recently mothballed Teesside Cast Products plant.Yesterday (25 March), elected Mayor of Middlesbrough Ray Mallon confirmed a team of entrepreneurs and investors have submitted an offer to buy the plant to continue with steel-making on Teesside and further assist in the regeneration of the area.The team consists of local entrepreneurs Chris Musgrave and Paul Weavers alongside a syndicate of investors led by ...