Menu
16/01/2015
Arolco (Ireland) Invests In Growth
Arolco (Ireland) in Castlederg is being assisted by Invest Northern Ireland to invest £133,936 and create four new jobs, to help boost sales in Britain and the Republic of Ireland.
The company specialises in the manufacture, service and maintenance of polyurethane and rubber rollers, as well as general engineering, for a wide range of industries including agri-food, concrete production, quarrying and paper and packaging.
Arolco has been offered assistance of £20,000 from Invest NI's Jobs Fund towards the costs of this export-focused expansion. The new jobs will be in place over the next 12 months.
Announcing assistance for the expansion, Des Gartland, Invest NI's North West Regional Manager, said: "Arolco is a locally-owned company which has established an impressive reputation for its products and services for clients both here and in the Republic of Ireland.
"Our support has been shaped to meet the company’s strategic focus on expanding its business with manufacturers in the Republic. In addition, the assistance will help the company as it seeks to explore and exploit opportunities in Great Britain.
"The new jobs will mean an additional £67,000 annually to the economy of Castlederg and the wider North West," he added.
John Paul McHugh, Managing Director of family-owned Arolco (Ireland), which currently employs 35 people at its base in Spamount Industrial Estate, said: "Our business in Northern Ireland and the Republic is developing steadily because we are able to offer manufacturers a complete engineering solution in the design, manufacture, installation and maintenance of rollers for production machinery.
"Our one-stop-shop approach offers extensive benefits to cost-conscious manufacturers who are able to count on us to work with them to develop bespoke engineering designs for their specific requirements. We then manufacture the products and provide on-going expert support.
"Invest NI's assistance will enable us to convert opportunities we’ve identified for our expertise into firm business in the Republic and also Great Britain, markets we believe offer significant scope for us.
"While we've a solid base in the Republic, around 40 per cent of our business is with clients there, we see other opportunities to be developed."
The company specialises in the manufacture, service and maintenance of polyurethane and rubber rollers, as well as general engineering, for a wide range of industries including agri-food, concrete production, quarrying and paper and packaging.
Arolco has been offered assistance of £20,000 from Invest NI's Jobs Fund towards the costs of this export-focused expansion. The new jobs will be in place over the next 12 months.
Announcing assistance for the expansion, Des Gartland, Invest NI's North West Regional Manager, said: "Arolco is a locally-owned company which has established an impressive reputation for its products and services for clients both here and in the Republic of Ireland.
"Our support has been shaped to meet the company’s strategic focus on expanding its business with manufacturers in the Republic. In addition, the assistance will help the company as it seeks to explore and exploit opportunities in Great Britain.
"The new jobs will mean an additional £67,000 annually to the economy of Castlederg and the wider North West," he added.
John Paul McHugh, Managing Director of family-owned Arolco (Ireland), which currently employs 35 people at its base in Spamount Industrial Estate, said: "Our business in Northern Ireland and the Republic is developing steadily because we are able to offer manufacturers a complete engineering solution in the design, manufacture, installation and maintenance of rollers for production machinery.
"Our one-stop-shop approach offers extensive benefits to cost-conscious manufacturers who are able to count on us to work with them to develop bespoke engineering designs for their specific requirements. We then manufacture the products and provide on-going expert support.
"Invest NI's assistance will enable us to convert opportunities we’ve identified for our expertise into firm business in the Republic and also Great Britain, markets we believe offer significant scope for us.
"While we've a solid base in the Republic, around 40 per cent of our business is with clients there, we see other opportunities to be developed."
Related Northern Ireland Business News Stories
Click here for the latest headlines.
05 September 2012
Choux Choux Invests £152,000 To Expand Its Business
Bangor-based Choux Choux, a specialist in hand crafted fresh pastry, is investing £152,000, with assistance from Invest Northern Ireland, to expand its business in the Republic of Ireland and to explore opportunities developing in Britain.
Choux Choux Invests £152,000 To Expand Its Business
Bangor-based Choux Choux, a specialist in hand crafted fresh pastry, is investing £152,000, with assistance from Invest Northern Ireland, to expand its business in the Republic of Ireland and to explore opportunities developing in Britain.
26 August 2010
NAMA Applauded At Stormont
There has been high-level support expressed for the work of the Irish Republic's National Asset Management Agency, (NAMA) and its impact on NI finances.
NAMA Applauded At Stormont
There has been high-level support expressed for the work of the Irish Republic's National Asset Management Agency, (NAMA) and its impact on NI finances.
04 March 2011
Kennedy Sees Skills In Action At Bombardier
Stormont Employment and Learning minister, Danny Kennedy, has visited Bombardier's new wing manufacturing and assembly factory in Belfast.
Kennedy Sees Skills In Action At Bombardier
Stormont Employment and Learning minister, Danny Kennedy, has visited Bombardier's new wing manufacturing and assembly factory in Belfast.
02 February 2012
DX Ireland Invests In New ParcelXchange Service
DX Ireland, one of the country's leading independent mail and courier company, is deploying 35 ParcelXchange lockers throughout Ireland and Northern Ireland, following a €500,000 investment in hardware and software to support the service. ParcelXchange will provide a "virtual depot" network with over 500 technically-advanced intelligent lockers.
DX Ireland Invests In New ParcelXchange Service
DX Ireland, one of the country's leading independent mail and courier company, is deploying 35 ParcelXchange lockers throughout Ireland and Northern Ireland, following a €500,000 investment in hardware and software to support the service. ParcelXchange will provide a "virtual depot" network with over 500 technically-advanced intelligent lockers.
17 December 2001
New business directory for Republic of Ireland
IDS Media Group has launched a new business directory of the largest 5,000 businesses in the Republic of Ireland. The directory contains contact information and company details of the Republic of Ireland’s largest 5,000 companies, organisations and government bodies.
New business directory for Republic of Ireland
IDS Media Group has launched a new business directory of the largest 5,000 businesses in the Republic of Ireland. The directory contains contact information and company details of the Republic of Ireland’s largest 5,000 companies, organisations and government bodies.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
