Terex investing £12m in new Northern Ireland manufacturing facility
US-headed Terex Corporation, a major global player in materials processing equipment, has recently announced a GBP12 million (≈ EUR 13.9 million) investment in a new manufacturing facility located in Derry, Northern Ireland. The new 105,000 square foot Campsie manufacturing facility will focus on the design, manufacture, and development of Terex Ecotec waste management and recycling equipment and Terex Conveying Systems (TCS) mobile conveying product lines.
According to a statement, the Terex Ecotec product line has grown significantly since it was established in 2014 as a strategic response to meet the specialised needs of customers in the growing waste management and recycling sector.
Terex Conveying Systems was established to respond to increasing demand for mobile conveying systems which, as well as being complementary to existing core Terex Materials Processing segment crushing, screening, and shredding equipment, will help enable Terex to enter the port and terminal industry.
The mobile conveying range is designed to offer a number of advantages to traditional wheel conveyor systems, including being cheaper to run, improved efficiency, a reduction in production costs, less of an environmental impact, improved health and safety and improved product quality.
The Terex Campsie facility will focus on developing advanced waste management and recycling products and services for Terex Ecotec customers with the goal of becoming a global leader in the industry. The facility will also manufacture four new products in the conveying range and will facilitate ongoing product development.
As part of our growth strategy, we continually review markets to identify potential opportunities. The waste management, recycling and mobile conveying sectors are areas of significant growth and our objective is to be recognised as a leading global manufacturer in these areas. Our Terex Campsie facility will enable us to realise this ambition, said Kieran Hegarty, President of Terex Materials Processing who during the announcement at the Guildhall in Derry.
Work is already underway at the Terex Campsie facility and is planned to be operational later this year. The facility will initially create approximately 100 new jobs that include production operative roles, management and support roles in HR, operations and finance, as well as a highly skilled engineering team that will be trained to leverage the company’s cutting-edge engineering capabilities and lead the development of Terex Ecotec and Terex Conveying Systems product portfolios.