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18/09/2014
Lisburn Firm To Invest £2.4m In Growth Project
Smiley Monroe Ltd, the Lisburn-based manufacturer of heavy duty conveyor belts and CNC cut rubber parts, is investing £2.4 million in a growth project that will create 31 new jobs over the next two years.
The investment is being supported by Invest Northern Ireland, which has offered £300,000 of assistance towards new equipment and the lease of additional factory space. Invest NI’s support is part funded by the European Regional Development Fund.
Smiley Monroe's product range includes energy saving King Rollers, synthetic screen media and conveyor belt cleaning systems - locally produced and exported to over 40 countries globally - for use in sectors as diverse as mobile crushing, screening and recycling, mining, quarrying, cement works, fertiliser plants, biomass and waste management.
The company is making the investment as part of its strategy for building long-term sustainability.
Managing Director, Vaughan Monroe, said: "We are aiming to substantially increase turnover, broaden our customer base and boost export sales through developing new products and services and growing the company’s manufacturing capability.
"We're particularly excited about the potential of the customised chevron conveyor belts that we have recently developed with support from Invest NI, and which we believe will be key to achieving our growth ambitions."
The additional 31 staff will be in place by the end of 2016.
(CD/IT)
The investment is being supported by Invest Northern Ireland, which has offered £300,000 of assistance towards new equipment and the lease of additional factory space. Invest NI’s support is part funded by the European Regional Development Fund.
Smiley Monroe's product range includes energy saving King Rollers, synthetic screen media and conveyor belt cleaning systems - locally produced and exported to over 40 countries globally - for use in sectors as diverse as mobile crushing, screening and recycling, mining, quarrying, cement works, fertiliser plants, biomass and waste management.
The company is making the investment as part of its strategy for building long-term sustainability.
Managing Director, Vaughan Monroe, said: "We are aiming to substantially increase turnover, broaden our customer base and boost export sales through developing new products and services and growing the company’s manufacturing capability.
"We're particularly excited about the potential of the customised chevron conveyor belts that we have recently developed with support from Invest NI, and which we believe will be key to achieving our growth ambitions."
The additional 31 staff will be in place by the end of 2016.
(CD/IT)
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