Business to invest over £2m and create 41 jobs
Donegal-based manufacturing firm, Houston Precision Engineering (HPE) has purchased over three acres of land in Strabane Business Park to build a new factory, which will lead to the creation of 41 new engineering jobs in Northern Ireland.
HPE provides high quality engineering services, focusing primarily on metal fabrication and precision machining services, to regional, national and international customers.
Welcoming HPE to Northern Ireland, Kevin Holland, Invest Northern Ireland’s CEO said: “Northern Ireland has a long and proud history of manufacturing and engineering brilliance which forms the cornerstone of our economy. This investment by HPE will significantly contribute to this already vibrant and sophisticated advanced manufacturing and engineering sector. The increased capacity it creates will enable HPE to grow and thrive in international markets.”
Invest NI has offered Houston Precision Engineering £410,000 of support towards 41 jobs. The company is proposing to build a new 30,000 sq. ft. factory in Strabane Business Park, owned by Invest NI.
Kevin added: “The announcement of a new investor is great news for the Derry City & Strabane District Council area and demonstrates HPE’s confidence in Northern Ireland, in the talent here and in local infrastructure. With plans to build a new manufacturing facility in Strabane Business Park, the 41 new jobs will contribute £1million in additional annual salaries to the local economy.”
Only one site is now remaining on Strabane Business Park. Further expressions of interest are currently being explored bringing Strabane Business Park close to capacity in the near future.
Martin Houston, Owner of Houston Precision Engineering added: “Invest NI has worked with us throughout the pandemic, helping us to secure the site at Strabane Business Park and offering support to help us kick start our team with over 40 new roles, most of which will be Production Operatives. Our investment will also include a zinc plating processing line, which will offer a significant opportunity to offer this process from the North West as many engineering businesses currently have to transport their products to Belfast or Dublin to avail of this service.
“We have developed a strong reputation across the UK and RoI operating in the aggregates and quarry sectors, data centres, oil industry and waste recycling sector. Our growth plans are ambitious and with a strong manufacturing facility already established in Letterkenny and ambitious plans for Strabane, our strategy is to treble our sales by 2025. To do this we will significantly increase our manufacturing outputs to meet the growing demand for our products at home, across the UK and beyond.
“We are delighted to be expanding and are very much looking forward to growing a strong and competitive business in the Strabane area.”
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