Tees Valley has a larger percentage of employees employed in Health Care, Education, Advanced Manufacturing and Construction than nationally.
The main economic driver, once dominated by steelmaking, shipbuilding and chemical industries, has changed during the last fifty years.
Since the demise of much of the heavy industry in the area, newer technologies have since begun to emerge e.g. in the digital sector.

The area is still home to the nearby large Wilton International industrial site which until 1995 was largely owned by Imperial Chemical Industries (ICI).
The fragmentation of that company led to smaller manufacturing units being owned by multinational organisations.
The last part of ICI itself completely left the area in 2006 and the remaining companies are now members of the Northeast of England Process Industry Cluster (NEPIC).

The port of Teesport, owned by PD Ports, is a major contributor to the economy of Middlesbrough and the port owners have their offices in the town.
Teesport is 1 mile (2 km) from the North Sea and 4 miles (6 km) east of Middlesbrough, on the River Tees.
The port currently handles over 4,350 vessels each year and around 27 million tonnes of cargo with the estate covering approximately 779 acres.
Steel, petrochemical, agribulks, manufacturing, engineering and high street commerce operations are all supported through Teesport, in addition to the renewable energy sector – in both production and assembly facilities.

Middlesbrough also remains a stronghold for engineering based manufacturing and engineering contract service businesses.
To help support this, the new TeesAMP advanced manufacturing park is designed to accommodate businesses associated with advanced manufacturing and emerging technologies.

Teesside University is a major presence in the town.
The university has a growing reputation for developing digital businesses particularly in the field of digital animation and for hosting the Animex festival.
The University has 18,000 students, 2,400 staff and operates a £250,000,000 campus in Middlesbrough town-centre.
The university campus has benefited from approx £250m of investment in recent years, including the £30m Campus Heart scheme.
Teesside University supports a total of 2,570 full-time jobs across the Tees Valley, North East and UK economies per annum.
The university contributes additional wealth to the local, regional and national economies as measured by Gross Value Added (GVA).
It is estimated this contributes a total of £124 million GVA per annum.
The total direct, indirect and induced spending impacts associated with full-time international students and UK students from outside of the North East is approximately £18.9 million per annum.
It is estimated this spending supports 158 full-time jobs per annum in Tees Valley and contributes additional wealth of £9.3 million per annum to the local economy.

The Boho zone in the town now houses a large number of these start-up digital businesses.

The South Tees NHS Trust, in particular James Cook University Hospital, is also major employer.
In addition it adds to the economy through innovative projects such as South Tees bio-incubator.
This is a new hub which acts as a launch-pad for research, innovation and collaboration between health, technology and science.
It is a facility used by GlycoSeLect (UK) Ltd. as a client of South Tees NHS Trust in strategic partnership with The Northern Health Science Alliance which has contributed £10.8bn to the UK economy.

The town centre has a variety of stores from high street chains to aspirational and lifestyle brands.
Tees Valley has a larger percentage of employees employed in Health Care, Education, Advanced Manufacturing and Construction than nationally. The main economic driver, once dominated by steelmaking, shipbuilding and chemical industries, has changed during the last fifty years. Since the demise of much of the heavy industry in the area, newer technologies have since begun to emerge e.g. in the digital sector.
The area is still home to the nearby large Wilton International industrial site which until 1995 was largely owned by Imperial Chemical Industries (ICI). The fragmentation of that company led to smaller manufacturing units being owned by multinational organisations. The last part of ICI itself completely left the area in 2006 and the remaining companies are now members of the Northeast of England Process Industry Cluster (NEPIC).
The port of Teesport, owned by PD Ports, is a major contributor to the economy of Middlesbrough and the port owners have their offices in the town. Teesport is 1 mile (2 km) from the North Sea and 4 miles (6 km) east of Middlesbrough, on the River Tees. The port currently handles over 4,350 vessels each year and around 27 million tonnes of cargo with the estate covering approximately 779 acres. Steel, petrochemical, agribulks, manufacturing, engineering and high street commerce operations are all supported through Teesport, in addition to the renewable energy sector – in both production and assembly facilities.
Middlesbrough also remains a stronghold for engineering based manufacturing and engineering contract service businesses. To help support this, the new TeesAMP advanced manufacturing park is designed to accommodate businesses associated with advanced manufacturing and emerging technologies.
Teesside University is a major presence in the town. The university has a growing reputation for developing digital businesses particularly in the field of digital animation and for hosting the Animex festival. The University has 18,000 students, 2,400 staff and operates a £250,000,000 campus in Middlesbrough town-centre. The university campus has benefited from approx £250m of investment in recent years, including the £30m Campus Heart scheme. Teesside University supports a total of 2,570 full-time jobs across the Tees Valley, North East and UK economies per annum. The university contributes additional wealth to the local, regional and national economies as measured by Gross Value Added (GVA). It is estimated this contributes a total of £124 million GVA per annum. The total direct, indirect and induced spending impacts associated with full-time international students and UK students from outside of the North East is approximately £18.9 million per annum. It is estimated this spending supports 158 full-time jobs per annum in Tees Valley and contributes additional wealth of £9.3 million per annum to the local economy.
The Boho zone in the town now houses a large number of these start-up digital businesses.
The South Tees NHS Trust, in particular James Cook University Hospital, is also major employer. In addition it adds to the economy through innovative projects such as South Tees bio-incubator. This is a new hub which acts as a launch-pad for research, innovation and collaboration between health, technology and science. It is a facility used by GlycoSeLect (UK) Ltd. as a client of South Tees NHS Trust in strategic partnership with The Northern Health Science Alliance which has contributed £10.8bn to the UK economy.
The town centre has a variety of stores from high street chains to aspirational and lifestyle brands.
Middlesbrough