Cookstown based engineering firm CDE global are to create 110 jobs over next 6 years, it has been announced today.
The new jobs are part of a £7million investment with £1.3m support from Invest NI.
The news comes just 24 hours after Magherafelt company Bloc Blinds announced the creation of 93 jobs.
In February, it was announced that CDE Global had won a major deal in Kuwait to supply a sand washing plant for a construction company.
Brendan McGurgan, CDE’s Managing Director, added: “This is an important investment for CDE as we look to progress our longer term growth strategy by focusing on new business particularly in the USA and Europe. The CDE vision is to be the number one wet processing equipment company in every country in the world and expanding our facilities and workforce in Cookstown underpins this ambition.
“Invest NI’s support, along with the availability of skills, were key factors in securing this investment in Cookstown. We are delighted with our growth here to date and remain committed to achieving our future goals.”
Speaking following a visit to the company’s headquarters, First Minister Arlene Foster said: “This is an extremely positive investment of over £6.8million from the world’s premier provider of specialist washing systems in important sectors including construction and mining.
“I commend CDE for its continued investment in Northern Ireland and look forward to its continued success across global markets.”
The deputy First Minister, Martin McGuinness said: “The roles will offer a range of quality opportunities as they cover a variety of disciplines in manufacturing, research & development, marketing and engineering. Once in place, the 110 new roles will generate almost £2.5million annually in additional salaries to the local economy.”
CDE also has operations in the USA, Brazil, Australia and Asia.
This is an important investment for CDE as we look to progress our longer term growth strategy by focusing on new business particularly in the USA and EuropeBrendan McGurgan
Enterprise Minister Jonathan Bell added: “Invest NI’s ongoing relationship with CDE has supported the company to achieve sustained growth across the globe. Its latest investment sends out a strong message of confidence in Northern Ireland’s materials handling sector.”
CDE currently employs 201 people with 172 based at the company’s headquarters in Cookstown, Co. Tyrone.
Invest Northern Ireland has offered over £1.3million towards the company’s expansion plans which include constructing a factory extension as well as a new head office building to accommodate the expanding workforce at CDE.