COOKSTOWN firm TES NI Ltd has announced a investment £2.3 million in the company that will create as many as 70 new jobs.
TES specialises in the design, build and installation of water and waste-water treatment facilities, electrical control panels and switchgear equipment.
The company established in 1999 has grown steadily and currently employs 75 people doing business across the UK, Ireland and mainland Europe and in the Middle East.
Announcing the plans during a visit to the company Minister of Enterprise, Trade and Investment Arlene Foster said: “TES has grown from small beginnings in the water treatment sector to a position where it is now acting as the lead contractor on major projects. Its success has been driven by a focus on exports and on product diversification, which has resulted in a substantial increase in sales.
“Invest Northern Ireland has offered support through its Jobs Fund to enable the company to recruit additional staff quickly and take the first steps towards achieving the targets set out in its ambitious growth plan, which aims to more than double turnover over the next three years.”
Ciaran Higgins of Cookstown Enterprise Centre welcomed the proposed investment:“Back in 1999 Brian Taylor started TES from a small industrial unit at Cookstown Enterprise Centre, having completed the Business Start Programme at the Centre.
“Over the past decade the business has enjoyed phenomenal growth and it is no surprise that TES is now a global company given the drive and commitment of Brian Taylor and Noel McCracken.
“The Cookstown area is synonymous for producing excellent indigenous businesses and despite challenging times there is plenty of evidence throughout the Cookstown area of local businesses continuing to grow and develop and businesses like TES are helping to aid economic recovery.”
The new jobs will provide additional manufacturing and engineering support, and increase the technical capability of the company to drive its growth in export markets.
Brian Taylor, Managing Director of TES, said: “In recent years we have improved the range and quality of our products and services and as a result have enjoyed sustained growth. We have worked hard to build up relationships with large water companies and now see opportunities to convert these prospects into sales.
“The support from Invest NI is essential to allowing us to increase our capacity so that we can service new contracts as they come online.”
Invest NI has offered £420,000 of support under its Jobs Fund TES NI’s overall investment of £2.3 million.