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09/03/2016
Edgewater To Invest £1m In Manufacturing Plant
Edgewater have announced an investment of £1 million in its Toomebridge-based manufacturing facility.
The County Antrim company will create 11 new jobs to join its 45 employees and more than 100 subcontractors, which provide interior fitout, refurbishment and specialist joinery services to the hotel, commercial and residential sectors.
Commenting on the investment, Enterprise, Trade and Investment Minister Jonathan Bell said: "Edgewater has ambitious plans to grow its export sales to over £40 million in the next 18 months. This major investment in its premises and staff will give it the infrastructure it needs to achieve that.
"The 11 new high value jobs, which will have salaries well above the Northern Ireland private sector median, will contribute over £430,000 to the economy annually and are excellent news for the local manufacturing sector. The company is being supported by Invest Northern Ireland, which has offered it over £96,000 to support the job creation.
"Edgewater is a small export-focused company that has established a reputation for quality service. This has helped it secure a number of prestigious contracts in the past few years including, most recently, an £18 million fit out contract with award-winning property developers Redrow London on their current development of Blake Tower in the Barbican London."
Seamus Murray of Edgewater added: "We have worked hard over the last three years to raise the company's profile and have established links with a number of well-known hotel brands including Hilton, Jurys, Maldron, Clayton and we have recently completed the refurbishment of the 5 star Aghadoe Heights Hotel Killarney
"We now want to build on this success by strengthening our management team and current manufacturing facilities. This will enable us to continue to offer a complete service to our clients from the initial design to project completion."
The County Antrim company will create 11 new jobs to join its 45 employees and more than 100 subcontractors, which provide interior fitout, refurbishment and specialist joinery services to the hotel, commercial and residential sectors.
Commenting on the investment, Enterprise, Trade and Investment Minister Jonathan Bell said: "Edgewater has ambitious plans to grow its export sales to over £40 million in the next 18 months. This major investment in its premises and staff will give it the infrastructure it needs to achieve that.
"The 11 new high value jobs, which will have salaries well above the Northern Ireland private sector median, will contribute over £430,000 to the economy annually and are excellent news for the local manufacturing sector. The company is being supported by Invest Northern Ireland, which has offered it over £96,000 to support the job creation.
"Edgewater is a small export-focused company that has established a reputation for quality service. This has helped it secure a number of prestigious contracts in the past few years including, most recently, an £18 million fit out contract with award-winning property developers Redrow London on their current development of Blake Tower in the Barbican London."
Seamus Murray of Edgewater added: "We have worked hard over the last three years to raise the company's profile and have established links with a number of well-known hotel brands including Hilton, Jurys, Maldron, Clayton and we have recently completed the refurbishment of the 5 star Aghadoe Heights Hotel Killarney
"We now want to build on this success by strengthening our management team and current manufacturing facilities. This will enable us to continue to offer a complete service to our clients from the initial design to project completion."
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Northern Ireland WeatherToday:Mainly dry with sunny spells on Friday, cloudier at times in the south. The chance of the odd afternoon shower developing in the south and east. Maximum temperature 20 °C.Tonight:Any afternoon showers soon dying out to leave a dry evening with clear spells at first, but coastal low cloud, mist or fog then spreads in from the northwest. Minimum temperature 8 °C.
