Up to 21 new jobs are to be created in Londonderry following the announcement of a £1.4 million investment by Nu Print Technologies.
Based in Springtown Industrial Estate, Nu Print Technologies’ specialises in the supply of labels to a wide range of industries such as food and drink and pharmaceutical packaging.
The investment is aimed at increasing the firm’s export potential as Enterprise Minister Jonathan Bell explained.
“Nu Print Technologies is an innovative business and this significant investment is designed to position the company competitively to succeed in new markets,” he said.
“The creation of 21 jobs here in Springtown, over the next three years, signals the company’s continued commitment to the area. Once in place these jobs will generate £469,000 annually in additional salaries and also help to bolster the manufacturing skills base in the North West.”
The investment includes the purchase of new equipment to enable the production of new products and to improve processes and efficiencies.
Invest Northern Ireland has also offered £279,000 to support its investment in new technologies and the recruitment of a product and process manager.
“We are focused on diversifying our product offering to make the most of opportunities in the flexible packaging and technology sectors,” said Nu Print MD Gavin Killeen.
“To do this we have introduced new manufacturing technologies and boosted our capability across a range of labelling activities.”