Economy Minister Gordon Lyons has announced 120 jobs by Australian drill rig manufacturer, Tribe Technology.
The Economy minister made the announcement during a visit to a new manufacturing facility set up by Tribe Technology.
Based in Perth, Australia, Tribe Technology designs, manufactures and sells autonomous drill rigs to the minerals industry. It is opening a new design and manufacturing facility at Enterprise Way, Mallusk.
Speaking during his visit to the facility, Minister Lyons said: “Tribe Technology plans to create 120 new engineering jobs over the next five years. Once all the roles are in place this investment will generate in excess of £3m in annual salaries to the NI economy.”
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The Minister also added: “Using innovative technologies and methodologies for improved competitiveness is central to continued success in manufacturing. This is exactly what Tribe Technology is doing for the mining industry.”
The Department for the Economy launched its 10X Economy vision in May. It is centred on the ability of innovation to deliver a ten times better economy with benefits for all our people.
Charlie King, Managing Director of Tribe Technology, is a Northern Ireland native, originally from Crossgar.
Speaking about the company’s decision to set up this new facility in Northern Ireland, Charlie King said: “We identified the opportunity to develop an innovative new product which will revolutionise the drill rig industry for the global minerals industry.”
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Mr King also added: “ Even though we are just getting started we have already recruited 14 people to the team. The market demand for our technology has been outstanding and we look forward to ramping up to full production capacity ahead of schedule.”
Invest Northern Ireland has been working with Tribe Technology since late 2019, showcasing what Northern Ireland has to offer. The agency has also offered £984,000 of support towards 82 of the new jobs.
Source: Written from press release.