27/04/2021

Modern Tyres To Create Over 20 New Jobs

Modern Tyres has announced it is to create over 20 new jobs.

The jobs are part of a £5.6million investment to diversify its commercial products and services offering.

The company has established a new division, Modern Wheel Solutions, which will be situated at its new 81,000 sq. ft. purpose-built factory in Carnbane Business Park in Newry. The new division will differ from its core business of tyre wholesaling and retailing to focus on outsourced end-to-end services for tyre manufacturers and Original Equipment Manufacturers.
News Image
Kevin Holland, Invest Northern Ireland's CEO, said: "Modern Tyres is a well-known and long-established Northern Ireland company. It is wonderful to see its continued growth and innovation journey offering a new value-added service to manufacturers. Its expansion into tyre and rim assembly as Modern Wheel Solutions will allow it to offer customers a one-stop shop across its business and broaden its offering to attract future global clients.

"Our relationship with the company began in 2019 when it purchased a site on Carnbane Industrial Estate and we are happy that our Southern Regional team has been able to support its new venture onto Carnbane Business Park so soon after. Its investment will bring new skills and expertise to the team, growing its workforce to over 200 people across the company in Northern Ireland. This is great news for the local Newry, Mourne & Down District Council area, as it will generate almost £650,000 in additional annual salaries for the Northern Ireland economy."

Invest NI has offered Modern Tyres over £580,000 towards the construction of its new factory, marketing activities and the creation of the 23 jobs. Jobs on offer include managerial roles, sales engineers, operatives, office staff and delivery drivers.

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

26 November 2020
£850m Regional Investment Initiative Nearing 'Important Milestone'
An £850 million investment in regional transformational projects across the innovation and digital, tourism and regeneration, infrastructure, and employability is nearing "an important milestone", according to the Belfast Region City Deal (BRCD) Council Panel.
04 December 2020
8,000 New Homes Needed Across Ards Area
NI Water has announced that the Ards and North Down area will need around 8,000 new homes by 2030. The company made the announcement at the Ards and North Down Borough Council meeting, to update representatives on infrastructure plans going forward and the level of investment needed for the Council area.
28 June 2001
NEW SOFTWARE COMPANY TO PROVIDE 165 NEW JOBS
A £11.3 million investment by Meridio Ltd, a new international technology company, will provide a total of 165 new jobs, 45 of which are already in place, in Belfast.
21 June 2001
MODERN APPRENTICESHIP WINNER ANNOUNCED
AN 18 year old retail trainee from Newcastle has won the province’s first ever Modern Apprentice of the Year Award. During a presentation ceremony held in the Culloden Hotel, Daniel Doran was presented with a trophy, a commemorative plaque and a multi-media PC sponsored by Sx3.
17 April 2014
333 New Jobs For L'Derry
More than 300 new jobs are to be created by Convergys Corporation in Londonderry, Enterprise Minister Arlene Foster has announced. The American corporation will create 333 new jobs when it establishes a new customer services centre in Derry in collaboration with EE, the mobile phone network.