Co Down power pack maker's £2m investment creates 47 jobs
A Co Down manufacturing company has announced it will create almost 50 jobs as part of a £2m investment.
Newry-based IT parts firm Critical Power Systems was founded less than a year ago by director Cathal Boylan, who also is a director of an electrical installation business and letting company both also based in the city.
Eighteen of the 47 new roles are already in place.
The manufacturing start-up designs, manufactures and supplies power distribution units for the data centre market.
Colum Hadden, managing director of Critical Power Systems, said: "This is an exciting development for us as we work to build our brand and market presence among target customers.
"The assistance provided by Invest NI has played a key role in developing this new manufacturing facility in Newry."
Economy Minister Simon Hamilton MLA welcomed the new investment.
"Critical Power Systems is an ambitious start-up taking advantage of the manufacturing and engineering skills available in Newry to support its growth. It has developed quickly over the last six months to meet customer demand for its products," he said.
"Critical Power Systems is making a valuable contribution to the manufacturing base in Newry."