10/02/2015
Purepipe To Invest £250,000 And Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland.
Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
Purepipe is the composite pipe manufacturing division of SILOTANK. It manufactures fiberglass pipes from 600mm to 2000mm and exports 96% of its invoiced sales outside Northern Ireland.
Commenting on the investment, Seamus Carmichael, Managing Director of Purepipe, said: "We have experienced sales growth for our Glass Reinforced Plastic (GRP) pipe in recent years specifically from hydro electric developers and wave energy technology companies.
"This investment signals our ongoing commitment to continuous innovation and focus to position ourselves to compete in international markets.
"The new pipe rectification and machining technology will ensure we can manufacture the projected volume, quality standards and cost structure required to target new business.
"Invest NI's support, particularly with recruiting six new production operatives will help us drive forward our growth plans and capitalise on growing market opportunities across Great Britain and the Republic of Ireland."
(CD/JP)
Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
Purepipe is the composite pipe manufacturing division of SILOTANK. It manufactures fiberglass pipes from 600mm to 2000mm and exports 96% of its invoiced sales outside Northern Ireland.
Commenting on the investment, Seamus Carmichael, Managing Director of Purepipe, said: "We have experienced sales growth for our Glass Reinforced Plastic (GRP) pipe in recent years specifically from hydro electric developers and wave energy technology companies.
"This investment signals our ongoing commitment to continuous innovation and focus to position ourselves to compete in international markets.
"The new pipe rectification and machining technology will ensure we can manufacture the projected volume, quality standards and cost structure required to target new business.
"Invest NI's support, particularly with recruiting six new production operatives will help us drive forward our growth plans and capitalise on growing market opportunities across Great Britain and the Republic of Ireland."
(CD/JP)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
05 January 2016
Pale Blue Dot Announces Five New Posts
Belfast based creative agency Pale Blue Dot is taking on five new staff as part of an ambitious growth strategy. Invest Northern Ireland has offered the company £37,500 of support for the new jobs which will see the company increase its workforce to 11 staff in the next 18 months.
Pale Blue Dot Announces Five New Posts
Belfast based creative agency Pale Blue Dot is taking on five new staff as part of an ambitious growth strategy. Invest Northern Ireland has offered the company £37,500 of support for the new jobs which will see the company increase its workforce to 11 staff in the next 18 months.
24 February 2015
Comfizone Aims To Double Its Turnover
A Coalisland company that specialises in mattresses and bedding products is aiming to double its turnover in an expansion supported by Invest Northern Ireland. Comfizone is creating nine new jobs and undertaking extensive marketing activity to grow its export sales across Great Britain and the Republic of Ireland.
Comfizone Aims To Double Its Turnover
A Coalisland company that specialises in mattresses and bedding products is aiming to double its turnover in an expansion supported by Invest Northern Ireland. Comfizone is creating nine new jobs and undertaking extensive marketing activity to grow its export sales across Great Britain and the Republic of Ireland.
03 December 2014
Ballymoney Firm Announces Expansion
Payescape Ltd in Ballymoney is creating seven new jobs following investment by a US entrepreneur and support from Invest Northern Ireland. The business, set up in 2006 by John Borland, provides online outsourced payroll services to small and medium sized enterprises. It currently employs six.
Ballymoney Firm Announces Expansion
Payescape Ltd in Ballymoney is creating seven new jobs following investment by a US entrepreneur and support from Invest Northern Ireland. The business, set up in 2006 by John Borland, provides online outsourced payroll services to small and medium sized enterprises. It currently employs six.
04 February 2016
L'Derry Firm To Invest £900,000 To Boost Sales In GB
Oak Grove Cabins in L'Derry has announced it is to invest £900,000 to boost its business sales in Great Britain. The firm alsoplans to create 15 new jobs. Based in Maydown Industrial Estate the company designs, manufactures and erects high quality park homes and log cabins.
L'Derry Firm To Invest £900,000 To Boost Sales In GB
Oak Grove Cabins in L'Derry has announced it is to invest £900,000 to boost its business sales in Great Britain. The firm alsoplans to create 15 new jobs. Based in Maydown Industrial Estate the company designs, manufactures and erects high quality park homes and log cabins.
04 January 2016
The Oil Market Journal Scoops Prestigious New Contracts
The Oil Market Journal based in Enniskillen, Co Fermanagh, has scooped new contracts to provide its Wallboard to customers in Denmark, Sweden and Finland. The Oil Market Journal publishes a range of daily, weekly and monthly online reports. Content is provided live during the trading day and is delivered via a range of innovative delivery systems.
The Oil Market Journal Scoops Prestigious New Contracts
The Oil Market Journal based in Enniskillen, Co Fermanagh, has scooped new contracts to provide its Wallboard to customers in Denmark, Sweden and Finland. The Oil Market Journal publishes a range of daily, weekly and monthly online reports. Content is provided live during the trading day and is delivered via a range of innovative delivery systems.
-
Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.