American materials processing equipment manufacturer to create 100 jobs with £12m in Derry
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Terex announces new manufacturing facility in Northern Ireland
Terex is a major global manufacturer of materials processing equipment and a trusted supplier of innovatively designed and durable products.
To support the Materials Processing business segment growth strategy, Terex has purchased a new 105,000 square foot manufacturing facility, representing a £12 million investment at Campsie, Derry.
This facility will focus on the design, manufacture and development of the Terex Ecotec® range of waste management products and the Terex Conveying Systems range of mobile conveyor products.
Terex® Ecotec is an industry leader in the design and manufacture of wood processing, biomass and recycling equipment.
Having developed a world-class range of mobile equipment that will shape the industry for years to come, today the comprehensive product portfolio includes slow, medium and high-speed shredders, trommel and recycling screens, waste handlers, windrow turner and conveyors.
Terex currently employs 1500 people across eight sites in Northern Ireland. Kieran Hegarty, President of Terex Materials Processing said: “Work is already underway on the new Campsie site.”
He said it will be “operational later this year, and we aim to have all 100 jobs in place within 3-4 years.”
This is an exciting development for Terex and the local team and we look forward to the new facility and new recruits playing an important part in our future here.
Terex’s Camspie operation will span a 105,000 sq ft site and Invest NI has offered the company almost £1million of support for their Derry expansion.
Chief executive Alastair Hamilton said an investment “of this scale, in a new facility, new equipment, new product development and staff training, is a major undertaking and our support has been critical to securing the project.”
Delivering over £2m in annual salaries, these new positions will add an important boost to the local economy, as well as offering employment opportunities for those looking to return to work, or secure their first position.
Sinn Féin MP for Foyle, Elisha McCallion said the jobs were “a welcome boost for the manufacturing sector” in the region”
This investment of £12m in our local economy is a good news story for the North West,” she said.
Derry’s Mayor John Boyle said: “These are high-quality jobs that reflect the commitment of Terex to the region and its confidence in the city as a good place to do business.”