12/10/2018

CM Precision Components Opens New Manufacturing Facility

CM Precision Components Ltd in Downpatrick has officially opened its new 16,000 sq ft manufacturing facility at Invest Northern Ireland's Killough Road Industrial Estate.

The advanced engineering firm has invested almost £1million in the construction project, to expand its production capabilities and meet the growing demands of its customers.
News Image
Mr Kieran Cooper, Managing Director of CM Precision said:"This is a milestone achievement for us and we are tremendously proud of our new premises. We aim to build on the momentum gained in our target markets in recent years and are committed to building on the existing strengths of the business to expand our customer base and achieve further success in export markets."

Invest NI offered CM Precision over £240,000 of property assistance towards the construction of its new factory.

Related Northern Ireland Business News Stories
Click here for the latest headlines.

04 December 2018
Imperva To Establish New Office In Belfast
A leading global provider of cybersecurity solutions, is expanding its operations with a new office in Belfast, creating 220 new jobs.
27 November 2014
CM Precision Components Creates New Jobs To Support Export Growth
Downpatrick company, CM Precision Components Ltd, is creating five jobs in an investment that will support the firm's export growth. The advanced engineering company produces precision machined components for the automotive, materials handling and aerospace sectors.
05 January 2016
Pale Blue Dot Announces Five New Posts
Belfast based creative agency Pale Blue Dot is taking on five new staff as part of an ambitious growth strategy. Invest Northern Ireland has offered the company £37,500 of support for the new jobs which will see the company increase its workforce to 11 staff in the next 18 months.
10 February 2015
Purepipe To Invest £250,000 And Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
25 July 2012
Foster Announces Major Investment By Moyola Precision Engineering
Enterprise Minister Arlene Foster today announced that Moyola Precision Engineering is investing £5.3million to strengthen its design and manufacturing capabilities to target complex aerospace components.
24 February 2015
Comfizone Aims To Double Its Turnover
A Coalisland company that specialises in mattresses and bedding products is aiming to double its turnover in an expansion supported by Invest Northern Ireland. Comfizone is creating nine new jobs and undertaking extensive marketing activity to grow its export sales across Great Britain and the Republic of Ireland.
03 December 2014
Ballymoney Firm Announces Expansion
Payescape Ltd in Ballymoney is creating seven new jobs following investment by a US entrepreneur and support from Invest Northern Ireland. The business, set up in 2006 by John Borland, provides online outsourced payroll services to small and medium sized enterprises. It currently employs six.
07 June 2018
CGDM To Develop New Office Premises
CGDM Construction in Newry is to invest over £500,000 to develop new office premises at Carnbane Business Park. The firm is also creating 10 new jobs with the support of Invest Northern Ireland. Invest NI has offered the company £74,000 of support towards the creation of the new jobs and marketing activities.
06 May 2015
Technology Services Firm Creates Five New Jobs
Antrim technology services company Outsource Solutions (NI) Ltd is creating five new jobs, with support from Invest NI. The new staff will help the company grow sales and service new customers in Great Britain and the Republic of Ireland.
14 November 2008
Republic's Minister Welcomes Subway Jobs Boost
Irish Enterprise Minister Mary Coughlan has welcomed Subway's decision to significantly increase its operations across Ireland The development will be over the next two years - a move that is expected to create 1,300 new jobs.
18 January 2005
Council helps companies face challenge of exporting to ‘New Europe’
Belfast City Council is encouraging local companies to take advantage of the business opportunities afforded by the expanded Europe by helping them to develop links with the ten new member states which joined the EU last year.
04 October 2001
B&Q confirm 370 jobs in new retail expansion
DIY superstore B&Q chain has confirmed that it is to create over 350 jobs in the creation of two new retail warehouses in Craigavon and Newtownabbey.
28 January 2011
Size 'No Barrier to the Green Deal'
Small construction companies must not be excluded from the Green New Deal was the message from the Federation of Master Builders (FMB) Northern Ireland to the Minister for Department of Social Development (DSD) & Housing, Alex Attwood MLA, when they met this week.
10 July 2015
Randox To Unveil New Specialist Division
Global biotechnology firm Randox is to unveil 'Randox Biosciences'. The new specialist division within Randox, is dedicated to advancing scientific discovery, drug development and companion diagnostics.
16 May 2006
High flying NI firms land in Berlin
As the first phase of a major initiative to target the European Aerospace Sector, Invest Northern Ireland is helping five leading precision engineering firms to exhibit at the Berlin Air Show this week.