With the help of Invest NI, a number of SMEs in Fermanagh and Omagh will be investing £1.5m in a bid to grow their UK market share.
Today (20 November), Invest NI revealed that a number of SMEs in Omagh and Fermanagh intend to invest £1.5m in order to increase their market share in Great Britain.
Fermanagh companies Struct Steel Engineering, Curran Gas Services and Greentown Traffic Management, along with Omagh-based New Generation Agriculture and Oran Oak Engineering, have all been working with Invest NI to scale their businesses. In a bid to grow their organisations, the five companies are recruiting 31 new staff members.
The firms operate in the manufacturing, engineering and service industries.
Struct Steel Engineering provides steel solutions for the industrial, commercial and agricultural sectors across the UK and Ireland; Greentown Traffic Management is a provider of environmental road maintenance and weed control services; while Curran Gas Limited provide laboratory gas solutions in Ireland and Europe.
In Omagh, New Generation Agriculture creates products for the agriculture and food sectors to improve food nutrition; while Oran Oak Engineering is a family-owned business best known for its award-winning sheep showering unit.
Ethna McNamee, Invest NI’s western office manager, said: “This is just a few of the businesses in Fermanagh and Omagh who we are working with to help identify opportunities for growth and development. Invest NI support, totalling £165,829, is enabling these companies to create new jobs and gain additional resources and expertise to sell to new markets.
“The 31 new jobs, over half of which are already in place, will generate over £600,000 annually in additional salaries into the local economy, and create valuable employment opportunities in the Fermanagh and Omagh District Council area.”
Speaking following the announcement, councillor Stephen McCann, the chair of Fermanagh and Omagh District Council, said: “I welcome today’s announcement that these companies, based within the Fermanagh and Omagh District Council area, are confident enough in their businesses to invest to grow their business in wider markets.
“Job creation in our district is always welcome, and these new jobs and their contribution to the local economy is excellent news. Fermanagh and Omagh District Council recognises the significant role played by SMEs in our local economy and we will continue to work closely with Invest NI in ensuring this vital sector is provided with the necessary business investment and support.”