Menu
08/01/2020
£2.8m Investment Creates 46 Jobs In Co Antrim
A start-up engineering firm is to create 46 new roles in Co Antrim with a £2.8 million investment.
MAW Engineering is set to open a new commercial vehicle venture, including a purpose-built manufacturing facility in Toome.
The firm specialises in the manufacture and assembly of walking floor trailers and vehicle bodies. Its products are regularly used in the transport of biomass, general haulage, construction equipment and delivery vans.
The new state-of-the-art purpose-built facility in Toome will manufacture and assemble the products.
Recruitment is currently underway for the roles, which include Finance Manager, store, administration and HR positions. Some 26 posts are already in place.
Managing Director at MAW Engineering, Mark Cuskeran said: "We have over 20 years in the commercial vehicle sector and see significant opportunities in national and international markets. The support that Invest NI has provided has helped get the business up and running quickly, and will support the business to grow and achieve business success in the commercial vehicle sector.
"Our team already has significant experience in manufacturing, transport and logistics. We are looking forward to bolstering this further through the new jobs we are able to create, bringing new talent to the company."
Invest NI offered £322,000 to create the new job roles. Director of Advanced Manufacturing & Engineering at the agency, Bill Montgomery welcomed the investment saying: "This new venture by Mark Cuskeran, a veteran of the commercial vehicle sector, will bring a range of products to the market that can be custom designed to a customer's specific needs.
"The investment in a new, purpose-built factory and 46 new jobs demonstrates the company's confidence in its business model, and the market. The company plans to explore business opportunities in external markets including GB, RoI and Europe.
"Through this strategic focus and ambitions for success in external markets, MAW Engineering will contribute to the economic growth of NI, including over £1.28 million in additional salaries each year."
(JG/CM)
MAW Engineering is set to open a new commercial vehicle venture, including a purpose-built manufacturing facility in Toome.
The firm specialises in the manufacture and assembly of walking floor trailers and vehicle bodies. Its products are regularly used in the transport of biomass, general haulage, construction equipment and delivery vans.
The new state-of-the-art purpose-built facility in Toome will manufacture and assemble the products.
Recruitment is currently underway for the roles, which include Finance Manager, store, administration and HR positions. Some 26 posts are already in place.
Managing Director at MAW Engineering, Mark Cuskeran said: "We have over 20 years in the commercial vehicle sector and see significant opportunities in national and international markets. The support that Invest NI has provided has helped get the business up and running quickly, and will support the business to grow and achieve business success in the commercial vehicle sector.
"Our team already has significant experience in manufacturing, transport and logistics. We are looking forward to bolstering this further through the new jobs we are able to create, bringing new talent to the company."
Invest NI offered £322,000 to create the new job roles. Director of Advanced Manufacturing & Engineering at the agency, Bill Montgomery welcomed the investment saying: "This new venture by Mark Cuskeran, a veteran of the commercial vehicle sector, will bring a range of products to the market that can be custom designed to a customer's specific needs.
"The investment in a new, purpose-built factory and 46 new jobs demonstrates the company's confidence in its business model, and the market. The company plans to explore business opportunities in external markets including GB, RoI and Europe.
"Through this strategic focus and ambitions for success in external markets, MAW Engineering will contribute to the economic growth of NI, including over £1.28 million in additional salaries each year."
(JG/CM)
Related Northern Ireland News Stories
Click here for the latest headlines.
17 June 2003
Invest NI reveals £600m commitment in past year
During 2002/3, Invest NI gained commitments from client companies, universities and other economic bodies to spend over £600m across a range of activities. Invest NI contributed towards these investments by offering £138m in finance, advice and other support programmes.
Invest NI reveals £600m commitment in past year
During 2002/3, Invest NI gained commitments from client companies, universities and other economic bodies to spend over £600m across a range of activities. Invest NI contributed towards these investments by offering £138m in finance, advice and other support programmes.
18 February 2015
Four New Play Parks Announced For L'Derry
£2.8m from the Executive's Social Investment Fund is going toward four new play parks in L'Derry, The facilities will be located at Ballymagroarty Play Park, Kilfennan Valley Park, Ballyarnett Country Park and Daisyfield. Derry City Council has put up £300,000 towards the project.
Four New Play Parks Announced For L'Derry
£2.8m from the Executive's Social Investment Fund is going toward four new play parks in L'Derry, The facilities will be located at Ballymagroarty Play Park, Kilfennan Valley Park, Ballyarnett Country Park and Daisyfield. Derry City Council has put up £300,000 towards the project.
28 June 2017
Manufacturing Firm To Create 20 New Jobs In NI
A manufacturing firm has confirmed it is to create 20 new jobs in Northern Ireland as part of a £475,000 investment. Restwell Manufacturing Ltd plans to expand its production capabilities and workforce with support from Invest Northern Ireland. The firm manufactures mattresses, headboards and divan beds for the wholesale and retail markets.
Manufacturing Firm To Create 20 New Jobs In NI
A manufacturing firm has confirmed it is to create 20 new jobs in Northern Ireland as part of a £475,000 investment. Restwell Manufacturing Ltd plans to expand its production capabilities and workforce with support from Invest Northern Ireland. The firm manufactures mattresses, headboards and divan beds for the wholesale and retail markets.
10 November 2010
Double-dip Recession 'Can Be Avoided'
The man who is credited with coining the now 'redundant' phrase the 'Celtic Tiger' over 16 years ago has been speaking in Belfast. Kevin Gardiner, Managing Director and Head of Global Investment Strategy at Barclays Wealth, visited the city to host a briefing on global investment trends.
Double-dip Recession 'Can Be Avoided'
The man who is credited with coining the now 'redundant' phrase the 'Celtic Tiger' over 16 years ago has been speaking in Belfast. Kevin Gardiner, Managing Director and Head of Global Investment Strategy at Barclays Wealth, visited the city to host a briefing on global investment trends.
09 December 2013
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
-
Northern Ireland WeatherToday:A few fog patches at first, soon clearing to leave a dry day with some patchy cloud and good sunny spells. Light and variable winds. Feeling mild in sunny spells. Maximum temperature 14 °C.Tonight:Dry and quite chilly overnight under prolonged clear spells and light winds. This will allow a few fog patches to develop in places. Minimum temperature 2 °C.
