Engineering sector is flying high with firm's £6.5m investment
The Northern Ireland engineering industry has received another boost in the form of a £6.57m investment and 30 new jobs at a Co Armagh company.
JW Kane Precision Engineering specialises in parts for the aerospace industry and has clients including Bombardier, Thales, BE Aerospace, GE Hamble and Fokker.
The company, which already employs 55 people, will add 11,000 square feet of manufacturing space to its premises, purchase new machining centres, undertake company-wide training to address key skills gaps, as well as taking on the extra staff.
Jim Kane, chairman of JW Kane Precision Engineering, said that the company was looking closely towards future expansion in new markets.
"This is a highly ambitious investment for the company aimed at substantially increasing our turnover and widening our customer base," he said.
"With an improved manufacturing facility and highly trained staff we will be able to target top-level aerospace manufacturers and be in a position to meet their exacting demands."
Invest Northern Ireland has offered almost £900,000 of support, part-funded by the European Regional Development Fund.
During a visit to the company's factory, Enterprise Minister Arlene Foster said the investment marks the next step on the company's journey to becoming part of the global aerospace supply chain."Aerospace is a rapidly growing industry and one that is a priority area for the economy.
"This project fits with the Northern Ireland Aerospace Strategy, which aims to move local companies up the supply chain by helping them build the capability required to undertake high value-added activities," the minister added.