Global firm Terex announces 100 new Derry jobs in £12m investment

  • Global manufacturer Terex Corporation has announced a £12m new investment in Derry and the creation of 100 new jobs in the manufacturing tech sector.

    At an event in Derry last night, Invest Northern Ireland announced that Terex Corporation, the global manfuacturer of lifting and material processing solutions, will be establishing a new facility in the Campsie area of Derry as part of a £12m investment. The investment will involve the creation of 100 new jobs manufacturing Terex Exotec's waste management and recycling product lines and Terex Conveying Systems products.

    Alastair Hamilton, CEO, Invest Northern Ireland said: "This major investment by Terex demonstrates a long-term commitment to Northern Ireland and recognises the importance of the region as a manufacturing location for this global firm. An investment of this scale, in a new facility, new equipment, new product development and staff training, is a major undertaking and our support has been critical to securing the project."

    The new jobs will cover a wide range of technical and non-technical roles, with production operation jobs, management and support positions (in HR, operations and finance departments), in addition to a number of Research & Development roles. Invest NI has offered around £900,000  towards the project in support for job creation and £100,000 in R&D support.

    Source: Written based on press release

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