By David Hunter
A global American manufacturing company is creating 100 new jobs in Derry / Londonderry as part of a £12million investment.
Terex Corporation, a global manufacturer of lifting and material processing solutions, is to establish a new facility in Campsie.
The new facility will manufacture product lines for waste management and recycling, and mobile conveying.
Speaking at an announcement at the Guildhall, Kieran Hegarty, President of Terex Materials Processing said: “Our objective is to be recognised as a leading global manufacturer of mobile conveyor systems, waste management and recycling equipment.
"As part of our growth strategy, we are continually reviewing markets to identify potential opportunities.
"The waste management, recycling and mobile conveying sectors are areas of significant opportunity, particularly in the US."
"Work is already underway on the new Campsie site. It will be operational later this year, and we aim to have all 100 jobs in place within 3-4 years."
He continued "This is an exciting development for Terex and the local team and we look forward to the new facility and new recruits playing an important part in our future here.”
Alastair Hamilyon, CEO, Invest NI said: "This major investment by Terex demonstrates a long-term commitment to Northern Ireland and recognises the importance of the region as a manufacturing location for this global firm.
“An investment of this scale, in a new facility, new equipment, new product development and staff training, is a major undertaking and our support has been critical to securing the project."
Invest NI has offered nearly £1million towards the project to support the new jobs, and research and development.
Terex currently operates from eight sites in Northern Ireland – Dungannon, Omagh, Ballymoney, Lurgan – employing over 1,500 people.