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03/12/2012
Allpipe Engineering Announce £1.1m Investment
Alastair Hamilton, Chief Executive of Invest Northern Ireland, has announced a £1.1 million investment by Allpipe Engineering Ltd, which will create 20 skilled jobs.
The investment is being supported by Invest NI, which has offered the L'Derry mechanical contracting business £180,000 of support.
Allpipe Engineering specialises in detail design, fabrication, insulation and installation of process and service pipework. The investment will see it set up an electrical and instrumentation division and an orbital welding facility. This will enable the business to bid for higher value contracts, and diversify its products and services.
Announcing the investment Mr Hamilton said: "Allpipe Engineering has an excellent reputation and its client base already includes a number of high-profile contractors and blue chip businesses. This significant investment will further enhance the company’s capability and reputation within key markets, in particular, in export markets where new opportunities are emerging.
"Invest NI is keen to support the creation of skilled jobs such as these and to help our local manufacturing companies to optimise both their performance and their potential."
It is anticipated that the additional capacity will enable the company to increase its turnover by 60 per cent over the next three years.
(CD/GK)
The investment is being supported by Invest NI, which has offered the L'Derry mechanical contracting business £180,000 of support.
Allpipe Engineering specialises in detail design, fabrication, insulation and installation of process and service pipework. The investment will see it set up an electrical and instrumentation division and an orbital welding facility. This will enable the business to bid for higher value contracts, and diversify its products and services.
Announcing the investment Mr Hamilton said: "Allpipe Engineering has an excellent reputation and its client base already includes a number of high-profile contractors and blue chip businesses. This significant investment will further enhance the company’s capability and reputation within key markets, in particular, in export markets where new opportunities are emerging.
"Invest NI is keen to support the creation of skilled jobs such as these and to help our local manufacturing companies to optimise both their performance and their potential."
It is anticipated that the additional capacity will enable the company to increase its turnover by 60 per cent over the next three years.
(CD/GK)
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