A Cookstown firm is to take on 70 new staff.
TES NI Ltd in Cookstown specialises in the design, build and installation of water and waste-water treatment facilities, electrical control panels and switchgear equipment.
Established in 1999, the firm already employs 75 people and has successfully exploited business opportunities across the UK, Ireland and, more recently, in mainland Europe and the Middle East.
TES operates from its own 16,000 sq ft manufacturing facility at Kilcronagh Business Park, and a 8,500 sq ft storage and testing facility at Derryloran Industrial Estate, both in Cookstown.
The company featured prominently in the London 2012 Olympics as they were responsible for the design, manufacture and installation of the units necessary to power the ArcelorMittal sculpture, a centrepiece of the Olympic park.
The firm also recently reached the final shortlist for the Santander Small to Medium Sized Business of the Year Awards.
The expansion is being supported by Invest NI.
Brian Taylor, managing director of TES, said that in recent years, the firm has improved the range and quality of products and services and has enjoyed growth as a result. “We have worked hard to build up |relationships with large water companies and now see opportunities to convert these prospects into sales,” he said.
“The support from Invest NI is essential to allowing us to increase our capacity so that we can service new contracts as they come online.”
Welcoming the expansion during a visit to the company, Enterprise Minister Arlene Foster said: “TES has grown from small beginnings in the water treatment sector to a position where it is now acting as the lead contractor on major projects.
“Its success has been driven by a focus on exports and on product diversification, which has resulted in a substantial increase in sales.
“Invest Northern Ireland has offered support through its Jobs Fund to enable the company to recruit additional staff quickly and take the first steps towards achieving the targets set out in its ambitious growth plan, which aims to more than double turnover over the next three years.”
Ulster Unionist spokesperson and Mid-Ulster MLA Sandra Overend also welcomed the expansion, adding: “With so many businesses finding it difficult in the tough economic climate, |I am especially heartened to see an innovative mid-Ulster based business thrive and bring much needed jobs and investment to the local area which has been so badly hit by the recession.”