Posted on Thursday 17 December 2015 by Ulster Business
Enterprise, Trade and Investment Minister, Jonathan Bell is pictured with Mark Hutchinson
A Country Antrim company plans to target global markets after investing over £4m and creating 80 new jobs.
Hutchinson Engineering is spending the money on new equipment at both its Kilrea and Antrim sites and is hoping to expand its presence in the automotive, aerospace and materials handling sectors.
The new jobs will command annual salaries of £1.85m in total, a figure which works out at an average salary for each job at just over £23,000.
The roles consist of mix of advanced manufacturing roles, business development and sales and marketing across the Group and the company said 40 jobs have already been filled.
Mark Hutchinson, Managing Director of Hutchinson Engineering, is bullish about the company’s growth plans.
“Our objective is to double business revenue over the next three years,” he said. “We aim to achieve this by growing our customer base and differentiating ourselves in competitive global markets by providing value added products and services.
“Investing in state of the art technology, additional skilled staff and further expanding our manufacturing capabilities at Kilrea will help us to achieve this goal.”
Invest NI offered Hutchinson £500,000 to support the creation of the new jobs and Enterprise Minister Jonathan Bell was on hand to announce the news.
“The engineering sector accounts for a large proportion of manufactured exports from Northern Ireland,” he said. “Hutchinson’s investment sends a clear signal to the advanced engineering sector across Great Britain and internationally that Northern Ireland has the skills and expertise to be a market leader.”
Formed in 1971, Hutchinson Engineering is a leading sub contract laser and metal fabrication firm with a sister specialist aerospace arm, AeroTech, based in Antrim and a design company, H360, co-located with Hutchinson Engineering in Kilrea.