Steel Manufacturer To Create Over 60 New Jobs

A steel manufacturer in L'Derry is to create over 60 new jobs over the next three years.

Global Equipment Spares Limited (GES) is aiming to grow its export sales six-fold.

With support from Invest Northern Ireland, GES, which is located at Campsie Industrial Estate, is investing £1.9million to upgrade its facility, purchase new machinery and create 61 new jobs across a range of roles.

Invest NI's Executive Director of Business & Sector Development, Jeremy Fitch said: "Invest NI's offer of £396,000 is enabling GES to undertake growth development plans aimed at positioning the business so that it can manufacture and export more components, particularly into North America.

"The 61 new jobs being recruited over the next three years range from manufacturing roles to procurement and sales positions and will generate £1.3million annually in additional salaries.

"GES' investment marks a significant step change for the small business as it seeks to scale up its production capabilities to meet the growing opportunities for its products outside Northern Ireland."

John McClenaghan, Managing Director of GES, said: "This expansion is part of a strategy to grow sales and increase both our workforce and our product offering to meet identified opportunities within new and existing markets. We have set ourselves a challenging target for new export business and will be focused on leveraging our reputation in the industry to secure new customers."

(CD)