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21/01/2015
L'Derry Firms Invest Almost £3m In Local Economy
Enterprise, Trade and Investment Minister Arlene Foster hosted a special event in L'Derry to acknowledge the continued growth and investment by local businesses.
Seven L'Derry-based businesses are accumulatively creating 65 new jobs in the city and investing a total of £2.8m in the local economy.
Hunter Apparel, All Pipe Engineering, Fleming Agri-Products, Modern Democracy, Quinnspares, Steam and Generation Services and SmithDehn have each been working on growth projects with support from Invest Northern Ireland.
Praising the commitment of the business owners, Minister Foster said: "The investments being showcased here total almost £3 million and include plans to create 65 new jobs across a range of roles and industries; from engineering and manufacturing to software development and sales and marketing. Once in place, the 65 new jobs will contribute over £1.3million annually in additional salaries to the local economy.
"The commitment being demonstrated by these local companies shows business confidence is improving throughout the area, meaning they are prepared to take advantage of the steadily improving economy.
"It is through a continued focus on innovation and export that local businesses will remain ahead of the competition, maximise growth and succeed in their chosen markets."
(CD/JP)
Seven L'Derry-based businesses are accumulatively creating 65 new jobs in the city and investing a total of £2.8m in the local economy.
Hunter Apparel, All Pipe Engineering, Fleming Agri-Products, Modern Democracy, Quinnspares, Steam and Generation Services and SmithDehn have each been working on growth projects with support from Invest Northern Ireland.
Praising the commitment of the business owners, Minister Foster said: "The investments being showcased here total almost £3 million and include plans to create 65 new jobs across a range of roles and industries; from engineering and manufacturing to software development and sales and marketing. Once in place, the 65 new jobs will contribute over £1.3million annually in additional salaries to the local economy.
"The commitment being demonstrated by these local companies shows business confidence is improving throughout the area, meaning they are prepared to take advantage of the steadily improving economy.
"It is through a continued focus on innovation and export that local businesses will remain ahead of the competition, maximise growth and succeed in their chosen markets."
(CD/JP)
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