Enterprise, Trade and Investment Minister Arlene Foster has announced a £1.3million investment by Ballygawley-based Coote Engineering, which will create 17 new skilled jobs.
Coote Engineering specialises in the design and manufacture of machinery and moulds for the pre-cast concrete industry. Invest Northern Ireland has offered the Tyrone firm £170,000 of support towards its investment in new buildings, equipment and people.
As part of the growth plans, the family-run business will extend its factory by 13,800 sq ft to include two high-level bays and implement measures to boost its profitability and performance.
Arlene Foster said: "The management team at Coote Engineering has dedicated time and energy into developing a strategy to secure the future of the business. This capital investment will help to put in place the infrastructure needed to facilitate the company’s growth plans.
"Coote is a well established firm which has taken advantage of Invest Northern Ireland’s support to identify new opportunities and to broaden its customer base. The company now exports its range of standard and customised machinery across Europe, the Middle East and the United States.
"The 17 new positions, to be created over the next three years, will generate over £390,000 annually in salaries, making a positive and valuable contribution to County Tyrone and the wider economy."
Philip Coote, Managing Director of Coote Engineering, said: "This investment is an exciting and important development for Coote that will help to strengthen our competitive position. Our enhanced infrastructure and workforce will also give us the scope to extend our export ambitions into North and South America, India and Australia."
(CD/IT)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
20/11/2024
MDE has been awarded the electrical services contract for the Clondalkin School Development Project in Dublin. Working alongside Cunningham Contracts Ltd., the company will serve as the specialist electrical contractor for the construction of new facilities for Gaelscoil na Camóige, Gaelscoil ...
20/11/2024
In celebration of European Week for Waste Reduction, the Northern Ireland Resources Network (NIRN) has launched an environmental education programme to promote zero-waste principles among young people. Three schools from the ABC Borough—St Francis Primary School in Lurgan, St Patrick's Primary ...
20/11/2024
Work has begun at hospital sites across Northern Ireland as part of preparations to eliminate car parking charges by May 2026. Health and Social Care Trusts are installing the necessary infrastructure for a new traffic management system, following the passing of the Hospital Parking Charges Act by ...
20/11/2024
Fine Gael has accused Sinn Féin of abandoning its commitment to protect consumers from rising energy costs, claiming that the party's policies could lead to increased costs for 2.1 million customers. The criticism comes after Sinn Féin's alternative budget last month proposed retaining the ...
20/11/2024
SDLP Agriculture, Environment, and Rural Affairs Spokesperson Patsy McGlone has urged Minister Andrew Muir to take decisive action to protect the environment, rather than launching additional reviews. The comments came after Minister Muir announced a review into environmental governance during an ...
20/11/2024
Alliance Strangford MLAs Kellie Armstrong and Nick Mathison, along with Alliance East Antrim MLA Danny Donnelly, recently visited the tidal research experiment at Queen's University Marine Laboratory (QML) in Strangford. The project, funded by the Centre for Advanced Sustainable Energy (CASE), is ...
19/11/2024
Phoenix Energy has been awarded an international standards accreditation from the British Standards Institution (BSI) in recognition of its inclusive service approach for customers in vulnerable situations. The certification highlights Phoenix Energy's commitment to providing fair, flexible, and ...
19/11/2024
Seating Matters is investing £3.7 million to enhance and improve its manufacturing facilities in Limavady and L'Derry. The company is aiming to support its bold strategy to triple revenue by 2027. Making the announcement while visiting the company's Limavady site Economy Minister Conor Murphy ...
19/11/2024
SDLP Infrastructure Spokesperson Mark H Durkan has urged the Minister and the Executive to take immediate action to address problems within Northern Ireland Water. Mr Durkan warned that the current state of the wastewater system is creating significant delays for infrastructure projects across ...
19/11/2024
Galway City Council will hold a public information evening on affordable housing on Monday, November 25, 2024, from 4pm to 8pm at the Connacht Hotel, Old Dublin Road, Galway. The event will provide an opportunity for the public to learn about how affordable housing operates. Council staff will be ...