HomeArticles»£4.4 Million Investment Unveiled By Cookstown's TES
£4.4 Million Investment Unveiled By Cookstown's TES
Posted on Tuesday 20 October 2009 byUlster Business
Cookstown-based TES, which celebrates its tenth anniversary this year and specialises in the design, build and installation of water and wastewater treatment facilities and process control systems, has unveiled a £4.4m investment.
The new 15,000 sq ft building at Kilcronagh Industrial Estate is part of the major investment by TES, which aims to help the company increase new product development and enhance its manufacturing capability. Invest NI has offered £345,000 of support. The investment has been backed by Ulster Bank.
As part of the company's expansion strategy, TES has recruited 30 new highly skilled staff including electrical engineers, programmers and business development personnel and a further 15 are expected to be in place by 2010 bringing total employment to 90.
Arlene Foster said: "TES' clear ethos of innovation and continuous improvement has enabled it to grow sustainably over the past 10 years, moving from an initial focus on basic electrical control panels, to the design, build and installation of complete water and wastewater treatment plants for the industrial and municipal sectors.
"The £4.4million investment has led to the construction of a state-of-the-art manufacturing facility that will further enhance product development activities and support continued growth in the RoI and GB markets. With employment levels set to double, this is extremely positive news from a locally owned and long-established manufacturing company at a time of difficulty for the wider industry."