Menu
01/08/2011
Jobs Boost For Building Firm
A company that specialises in the manufacture of eco-friendly structurally insulated panels (SIPs) for the construction industry is to expand operations, and take on new staff.
SipFit Ltd from Warrenpoint has set a target of achieving £3 million worth of new export business over the next three years with support from Invest Northern Ireland.
It makes panels that are used to build wall and roof structures and are one of the fastest growing modern methods of construction in the UK.
Established in 2009, Invest NI offered SipFit Ltd over £120,000, part funded by the European Regional Development Fund (ERDF), to support a £1 million export focused investment project.
The firm has already secured over £500,000 worth of new business in the Republic of Ireland and Great Britain as a result of this investment.
The company is also investing in new equipment to increase its operational capacity and has recruited 12 new staff members in a variety of roles to help facilitate its growth plans.
As part of its overall strategy, SipFit is undertaking extensive market development activities and implementing new software systems to boost its competitiveness.
Mark Bleakney, Manager of Invest NI's Southern Regional Office, said: "SipFit is a highly innovative company which manufactures leading-edge building technology.
"This substantial investment will support the future growth of the business and enable SipFit to take full advantage of the rising demand for its eco-friendly panels.
"The creation of 12 new jobs as part of its expansion is positive news and will benefit both the local community and the manufacturing industry," he said.
Eamonn Connolly of SipFit Ltd said: "Recent changes to UK and European building regulations have resulted in the creation of new market opportunities, with developers and house builders using SIPs in their new build projects. Supported by Invest NI, the investment will help to ensure that we have the ability to exploit this potential.
"The sales achieved to date will further strengthen our competitive position and hopefully leverage future contracts.
"As our customer base expands, we aim to extend our business development strategy to target opportunities in mainland Europe," he said, noting that Invest NI offered SipFit Ltd £121,800, part funded by the European Regional Development Fund, (ERDF) under the Sustainable Competitiveness Programme for Northern Ireland, towards the company's total investment of £843,550.
(BMcC)
SipFit Ltd from Warrenpoint has set a target of achieving £3 million worth of new export business over the next three years with support from Invest Northern Ireland.
It makes panels that are used to build wall and roof structures and are one of the fastest growing modern methods of construction in the UK.
Established in 2009, Invest NI offered SipFit Ltd over £120,000, part funded by the European Regional Development Fund (ERDF), to support a £1 million export focused investment project.
The firm has already secured over £500,000 worth of new business in the Republic of Ireland and Great Britain as a result of this investment.
The company is also investing in new equipment to increase its operational capacity and has recruited 12 new staff members in a variety of roles to help facilitate its growth plans.
As part of its overall strategy, SipFit is undertaking extensive market development activities and implementing new software systems to boost its competitiveness.
Mark Bleakney, Manager of Invest NI's Southern Regional Office, said: "SipFit is a highly innovative company which manufactures leading-edge building technology.
"This substantial investment will support the future growth of the business and enable SipFit to take full advantage of the rising demand for its eco-friendly panels.
"The creation of 12 new jobs as part of its expansion is positive news and will benefit both the local community and the manufacturing industry," he said.
Eamonn Connolly of SipFit Ltd said: "Recent changes to UK and European building regulations have resulted in the creation of new market opportunities, with developers and house builders using SIPs in their new build projects. Supported by Invest NI, the investment will help to ensure that we have the ability to exploit this potential.
"The sales achieved to date will further strengthen our competitive position and hopefully leverage future contracts.
"As our customer base expands, we aim to extend our business development strategy to target opportunities in mainland Europe," he said, noting that Invest NI offered SipFit Ltd £121,800, part funded by the European Regional Development Fund, (ERDF) under the Sustainable Competitiveness Programme for Northern Ireland, towards the company's total investment of £843,550.
(BMcC)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
30 August 2016
New Jobs To Be Created In Lisburn
P2V Systems in Lisburn is to create 14 new jobs following support from Invest Northern Ireland. The firm, which provides IT services to public and private sector businesses, plans to double its workforce by 2018.
New Jobs To Be Created In Lisburn
P2V Systems in Lisburn is to create 14 new jobs following support from Invest Northern Ireland. The firm, which provides IT services to public and private sector businesses, plans to double its workforce by 2018.
21 March 2016
Over 100 New Jobs Created By 24 Companies
More than 100 new jobs have been created by 24 businesses in the southern region of Northern Ireland, Enterprise, Trade and Investment Minister, Jonathan Bell has said. Praising the commitment of the companies during a celebration event at Invest NI's Newry office Jonathan Bell said: "The investment activities totalling over £5.
Over 100 New Jobs Created By 24 Companies
More than 100 new jobs have been created by 24 businesses in the southern region of Northern Ireland, Enterprise, Trade and Investment Minister, Jonathan Bell has said. Praising the commitment of the companies during a celebration event at Invest NI's Newry office Jonathan Bell said: "The investment activities totalling over £5.
03 October 2014
Titan IC Announces 18 New Jobs
Titan IC Systems in Belfast is being assisted by Invest Northern Ireland to invest £1.4 million to commercialise its leading-edge silicon technology and provide up to 18 new jobs for software and hardware engineers.
Titan IC Announces 18 New Jobs
Titan IC Systems in Belfast is being assisted by Invest Northern Ireland to invest £1.4 million to commercialise its leading-edge silicon technology and provide up to 18 new jobs for software and hardware engineers.
13 May 2013
Linden Foods Creates 179 New Jobs
Enterprise Minister Arlene Foster has announced a £5 million investment by Dungannon-based Linden Foods, which will create 179 new jobs. Linden Foods is a market leader within the Northern Ireland fresh meat processing industry, sourcing and processing top quality beef and lamb.
Linden Foods Creates 179 New Jobs
Enterprise Minister Arlene Foster has announced a £5 million investment by Dungannon-based Linden Foods, which will create 179 new jobs. Linden Foods is a market leader within the Northern Ireland fresh meat processing industry, sourcing and processing top quality beef and lamb.
18 January 2016
Beauty Business To Create Ten New Jobs In NI
A Carryduff-based beauty business, He-Shi Enterprises Ltd, is to create ten new jobs. Enterprise, Trade and Investment Minister Jonathan Bell welcomed the news.
Beauty Business To Create Ten New Jobs In NI
A Carryduff-based beauty business, He-Shi Enterprises Ltd, is to create ten new jobs. Enterprise, Trade and Investment Minister Jonathan Bell welcomed the news.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
