Engineering firm to create 40 jobs
A Co Tyrone engineering firm is to create 40 jobs as part of a £3.1 million expansion.
Telestack, an Omagh-based company which makes equipment to transport bulk materials, said the investment would help to grow markets in South America, Australia, Africa and the United States.
Enterprise Minister Arlene Foster said the new posts, with above-average salaries, would contribute more than £1 million a year to the economy.
Mrs Foster said: "Northern Ireland is a recognised centre of excellence in the design and manufacture of materials handling equipment and Telestack's substantial capital investment is a significant boost for one of our most successful industries.
"The 40 skilled jobs to be created in Tyrone will have salaries above the private sector median and will contribute over £1 million annually to the economy. This investment is very welcome news for the local area which is renowned for heavy engineering equipment production and also has the skills base to facilitate Telestack's growth plans."
Invest Northern Ireland has contributed £444,000, part funded by the European Regional Development Fund, to extend the company's factory and enhance IT systems.
Telestack designs, manufactures and installs a wide range of conveyor and loading systems which are to transport bulk materials in mines and quarries, railways and ports across the world.
Adrian McCutcheon, managing director of Telestack, said: "We aim to substantially increase our sales from global customers by 2016 and so need to extend our workforce and operational facilities to support this expected growth.
"The support offered by Invest NI was essential in our decision to undertake this expansion which will help to underpin our competitive position in the sector and secure emerging new business across South America, Australia, Africa and the USA."
Meanwhile, a further 15 hi-tech jobs could be created after planning permission was granted for a new £20 million data centre in Coleraine, Co Londonderry.
It will see the development of a new building on the edge of the town on Portstewart Road close to the University of Ulster campus.
Environment Minister Mark H Durkan said the development could help make Coleraine a digital hub.
He said: "An investment of this size highlights how Coleraine is ideally positioned to harness its potential to attract digital companies to invest here, due to its super-fast broadband connectivity.
"This development will create jobs and will act as a catalyst to stimulate further similar development, consolidating the role of Coleraine as a digital hub for the area. The announcement that new jobs will be created is especially pertinent given the investment conference taking place in Belfast this week."
The application from 5Nines Development includes office space, car parking and security fencing. There were no objections to the proposal.