Dungannon manufacturing firm, Mallaghan Engineering Limited is embarking on a multi-million pound investment and recruiting over 200 additional staff, to secure the future growth of the business.
The plans include significant new product development, underpinning the need for capital investment in factory capacity and leading edge manufacturing equipment. Mallaghan will also implement an extensive training programme to develop the skills of the workforce.
Welcoming the news, Invest Northern Ireland Chief Executive, Alastair Hamilton, said, “Mallaghan Engineering is investing in production capabilities, R&D, skills and jobs in a significant expansion at its Dungannon headquarters.
“Commercial air travel is a vast and growing industry. The productivity boosting capital equipment and extensions to Mallaghan’s factory space will help the company satisfy the growing demand for ground support equipment worldwide.
“We are pleased to be able to support Mallaghan to implement measures that will help significantly expand its customer base and boost export sales. The company’s focus on innovation, leadership training and skills development will ensure that its workforce has the depth and breadth of skills and also the technology to help Mallaghan realise its growth ambitions.
“This announcement is fantastic news for Mid Ulster and Northern Ireland’s manufacturing industry. The 210 additional staff the company expects to recruit over the next five years will, once in place, generate over £5 million annually in additional salaries to the Northern Ireland economy.”