28/10/2004

Kells textile firm rolls out £1.2m investment

A Co Antrim firm has announced plans to invest £2.1 million in improving its export market business.

Kells firm Francis Dinsmore Limited (FDL) said it would be investing the money "in innovative value-added fabrics and a new finishing process for export markets" with assistance from Invest NI.

Announced by Professor Terri Scott, Invest NI’s managing director of Clients and Entrepreneurship, and Barry Corrigan, FDL’s managing director, the investment will go towards new products that include ‘Allersafe’ - branded low allergy bedding aimed at asthma sufferers, and ‘Performa’, a branded waterproof/fire retardant finishing process for textiles marketed under the name Dinsmore Textile Solutions.

Professor Scott said: “This is an important strategic investment by FDL in technical textiles, a knowledge-led sector that is experiencing significant growth and offers substantial new business opportunities for the extensive expertise in fabrics and finishing processes which this company possesses.

“The company has effectively reinvented itself as a provider of textile solutions specialising in ‘intelligent’ products and services and moved away from high volume, low margin fabrics that are increasingly being supplied by manufacturers in lower cost regions.

“Companies that thrive today must be prepared to continually innovate and look to new markets, especially emerging markets overseas,” added Prof Scott.

“An important aspect of this investment is the introduction of new technology that will move the company closer to existing and potential customers. Specifically, FDL will be able to develop its global capability thanks to a new online ordering facility."

The firm's www.allersafe.co.uk will allow Allersafe products to be purchased direct from anywhere in the world.

Francis Dinsmore Ltd currently employs 47 at the Kells facility in Co Antrim and 11 at a subsidiary operation at Meltham, West Yorkshire.

(SP/MB)

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

01 February 2024
ABC Council Welcomes Joe Kennedy III And James Applegate
Armagh City, Banbridge, and Craigavon (ABC) Borough Council has welcomed Mr. Joe Kennedy III, US Special Investment Envoy and James Applegate, US Consul General Belfast to The Palace in Armagh.
15 March 2024
NI's 'Unique' Dual Market Access Highlighted To US Business Leaders
Economy Minister, Conor Murphy, has highlighted the "unique trading position" offered by Northern Ireland's dual market access, in his address to a reception of business leaders in Washington, DC.
24 January 2024
NY FinTech Firm Creates Almost 300 New Jobs In Belfast
DailyPay, a New York-based financial technology (fintech) frm has announces its first international expansion, establishing a new Northern Ireland base and creating 293 new jobs. The £24m investment by DailyPay was secured for Northern Ireland after Invest NI's U.S.
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.
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.