Blyth Town Council commissioned local firm, Blyth Bespoke Fabrication, to create a design that would reflect historical aspects of the town's past and present.
Among the features they felt could be included were shipbuilding and ship breaking, coal mining, the submarine base at HMS Elfin, Blyth Spartans FC and the old lighthouse.
Councillors Kath Nisbet and Grant Davey were keen to support the project and together agreed to fund the cost from their Northumberland County Council Local Improvement Schemes.
And both have been left delighted with the finished design.
Coun Nisbet said: “I felt that this was an important reminder to the people of Blyth about where we’ve been and what we can do as a town.
"Our heritage has reached the far corners of the world and it’s something to be very proud of.”
Coun Davey added: “This sculpture is also a great piece of engineering, three metres in diameter and made in Blyth.
"It’s another piece of history that we’ve created for generations to come.”
The design took two months to complete and has been installed with internal lighting which will be illuminated in the winter months from 4pm to 11pm.
A plaque was unveiled by Blyth Town Council’s Mayor, Coun Warren Taylor in a small, socially distanced ceremony.