Engineering firm the Hutchinson Group is to create a total of 80 new jobs across its operations as part of a £4 million investment.
The plans, which are supported by Invest Northern Ireland, include recruiting additional skilled staff and purchasing new state of the art technology to allow Hutchinson to target new high value business in the automotive, aerospace and materials handling sectors.
“We are delighted to be able to announce the addition of 80 jobs to the Hutchinson Group,” said managing director Mark Hutchinson.
“The roles consist of a mix of advanced manufacturing roles, business development and sales and marketing across the group and I’m also pleased to say 40 of these roles have already been filled due to the Group’s expansion in the last nine months.”
Earlier this year, the firm announced a £3.2million investment in two new lasers and its new 60,000 sq ft, manufacturing site in Kilrea, signalling its confidence and commitment to growth.
Enterprise Minister Jonathan Bell said Hutchinson was a an ambitious family business that had experienced steady growth in recent years.
“This latest investment in leading edge technology will significantly enhance the firm’s engineering capabilities and enable it to secure new business in its target markets,” he said.
“The engineering sector accounts for a large proportion of manufactured exports from Northern Ireland. Hutchinson’s investment sends a clear signal to the advanced engineering sector across Great Britain and internationally that Northern Ireland has the skills and expertise to be a market leader.
The new jobs, to be recruited over the next three years, will generate £1.85million a year in additional salaries, he added, create valuable manufacturing employment opportunities in the area.
Formed in 1971, Hutchinson Engineering is a leading sub contract laser and metal fabrication firm with a sister specialist aerospace arm, AeroTech, based in Antrim and a design company, H360, co-located with Hutchinson Engineering in Kilrea.
Invest NI has offered £500,000 in support of the plan.
“Our objective is to double business revenue over the next three years,” said Mr Hutchinson.
“We aim to achieve this by growing our customer base and differentiating ourselves in competitive global markets by providing value added products and services.
“Investing in state of the art technology, additional skilled staff and further expanding our manufacturing capabilities at Kilrea will help us to achieve this goal.