Ex-Powerscreen boss creates 40 jobs with new company
Almost 40 jobs are to be created with the founding of a manufacturing firm in Co Tyrone.
Blackrock Manufacturing Ltd has been set up in Coalisland by Pat O'Neill, founder of Powerscreen, and hopes to employ 38 people with support from Invest Northern Ireland's Jobs Fund.
The new engineering company will initially make track frames and supply parts to manufacturers in the earth-moving and demolition and recycling equipment markets, and will then develop its own line of excavator buckets and hitches.
Invest NI has offered a total of £229,000 of support for the 38 jobs and for export marketing activity in Europe and the United States. Conor Monaghan, Blackrock Manufacturing managing director, said the new venture was bringing much-needed jobs to the Co Tyrone area.
"We are confident that we can grow the company over the next few years and achieve significant export sales," he said.
"Jobs Fund and marketing support from Invest NI will help us to establish the company quickly to take advantage the opportunities that have been identified, particularly in the US."
Welcoming the move, Enterprise Minister Arlene Foster said that the Tyrone region has a strong manufacturing heritage.
"Blackrock Manufacturing will manufacture components that would otherwise have been sourced in China and Eastern Europe, therefore creating skilled engineering jobs in County Tyrone while building an export-focused business," she said.
"The company also intends to develop innovative new products that will be marketed in Great Britain, Europe and the US and will provide opportunities for future growth."