13/09/2012
Aromet Group Create 32 New Jobs
Enterprise Minister Arlene Foster has announced that US-owned Aromet Group Ltd is to create 32 new jobs in a £3.2 million expansion of its Lisburn operation.
The investment, which is being supported by Invest Northern Ireland, was announced during the Minister’s visit to the company on the Ballinderry Road.
Invest NI has offered £160,000 in support of this project.
Aromet Group is a subsidiary of Tech International based in Ohio, the world’s leading provider of tyre and tube repair solutions. The Lisburn facility manufactures a range of tyre repair products for the international marketplace.
Announcing the investment Arlene Foster said: "Aromet Group has a long history in Northern Ireland and this significant investment marks its further commitment to the region. As well as creating 32 jobs, the investment will see the company upgrade its factory premises, install state-of-the-art IT systems and develop a new e-commerce website.
"In today's highly competitive world, R&D needs to be at the heart of every business growth strategy so I am pleased to see that Aromet is also expanding its research and development function to strengthen its focus on innovation.
"Building elements of R&D and innovation into a company’s core activities is not only important for individual business success but absolutely essential to wider economic growth. The support offered by Invest NI, under its Boosting Business initiative, signifies the government’s focus to secure the long-term growth of our economy by encouraging all Northern Ireland businesses to consider how R&D can give them an advantage in the market place."
Aromet currently employs 60 staff. The additional staff will be mainly manufacturing and sales positions, but four new high level management posts will also be created. The company plans to target new high profile clients across Europe.
(CD/GK)
The investment, which is being supported by Invest Northern Ireland, was announced during the Minister’s visit to the company on the Ballinderry Road.
Invest NI has offered £160,000 in support of this project.
Aromet Group is a subsidiary of Tech International based in Ohio, the world’s leading provider of tyre and tube repair solutions. The Lisburn facility manufactures a range of tyre repair products for the international marketplace.
Announcing the investment Arlene Foster said: "Aromet Group has a long history in Northern Ireland and this significant investment marks its further commitment to the region. As well as creating 32 jobs, the investment will see the company upgrade its factory premises, install state-of-the-art IT systems and develop a new e-commerce website.
"In today's highly competitive world, R&D needs to be at the heart of every business growth strategy so I am pleased to see that Aromet is also expanding its research and development function to strengthen its focus on innovation.
"Building elements of R&D and innovation into a company’s core activities is not only important for individual business success but absolutely essential to wider economic growth. The support offered by Invest NI, under its Boosting Business initiative, signifies the government’s focus to secure the long-term growth of our economy by encouraging all Northern Ireland businesses to consider how R&D can give them an advantage in the market place."
Aromet currently employs 60 staff. The additional staff will be mainly manufacturing and sales positions, but four new high level management posts will also be created. The company plans to target new high profile clients across Europe.
(CD/GK)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
21 May 2013
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
03 October 2018
Aspiring Entrepreneurs Invited To Pitch To Business 'Dragons'
Lisburn & Castlereagh City Council (LCCC) is inviting aspiring entrepreneurs in the area to pitch their business ideas to a panel of "dragons".
Aspiring Entrepreneurs Invited To Pitch To Business 'Dragons'
Lisburn & Castlereagh City Council (LCCC) is inviting aspiring entrepreneurs in the area to pitch their business ideas to a panel of "dragons".
10 November 2015
Call For Rural Businesses To Prepare For Opening Of Investment Scheme
Rural businesses and communities are being encouraged to apply and prepare in advance for the launch of the Rural Business Investment Scheme. Rural Development Minister Michelle O'Neill was speaking at a Rural Business Investment Seminar in Aghagallon, Lurgan on Monday.
Call For Rural Businesses To Prepare For Opening Of Investment Scheme
Rural businesses and communities are being encouraged to apply and prepare in advance for the launch of the Rural Business Investment Scheme. Rural Development Minister Michelle O'Neill was speaking at a Rural Business Investment Seminar in Aghagallon, Lurgan on Monday.
11 July 2018
New Funding Call Under Rural Business Investment Scheme
GROW South Antrim has announced the opening of a new funding call under the Rural Business Investment scheme, which is expected to be the final call for Business funding under the current Rural Development Programme (2014-2020).
New Funding Call Under Rural Business Investment Scheme
GROW South Antrim has announced the opening of a new funding call under the Rural Business Investment scheme, which is expected to be the final call for Business funding under the current Rural Development Programme (2014-2020).
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.