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Telestack announce new £5mn factory investment

Telestack has further committed to its future in Omagh, Northern Ireland, by announcing an investment of £5 million (€5.75mn) in a new factory in Doogary Industrial Estate. A leading global bulk material handling systems manufacturer serving, among others, quarrying and mining sector customers, Telestack supply some of the largest blue-chip companies in the world. Designed, manufactured and exported from their current 9,755m² manufacturing facility in Omagh, Telestack plan to extend their manufacturing
January 25, 2019 Read time: 3 mins

466 Telestack has further committed to its future in Omagh, Northern Ireland, by announcing an investment of £5 million (€5.75mn) in a new factory in Doogary Industrial Estate.

A leading global bulk material handling systems manufacturer serving, among others, quarrying and mining sector customers, Telestack supply some of the largest blue-chip companies in the world. Designed, manufactured and exported from their current 9,755m² manufacturing facility in Omagh, Telestack plan to extend their manufacturing capacity by initially building a phase one 4,180m² factory on a green field site next to the current Fane Valley factory. The new factory will incorporate state of the art manufacturing premises, a dedicated research and innovative development centre and modern office suite, all of which is central to the firm’s continued growth strategy.

The engineering acumen within Co.Tyrone is renowned globally, and the expertise within Telestack has grown and developed significantly over its 34-year history. In addition to its Aggregate and Mining Group, Telestack has matured within another material handling niche in the ports and inland terminals sector, designing and manufacturing equipment to load and unload dry bulk onto vessels up to Panamax (up to 80,000tonnes). The company’s equipment is involved in some of the most ground-breaking, exciting and forward-thinking projects across the globe, with Telestack gaining serious traction in other industries such as the rail, power, cement and steel plants.

Employing almost 160 local people, the Northern Irish firm has demonstrated enviable year-on-year sales growth, with sales more than doubling in the last three years. Part of the one billion-dollar American giant 3607 Astec, Telestack in the last two years alone have invested almost £4million (€4.6mn) in its current Bankmore site within Doogary Industrial Estate. This has included the installation of a state-of-the-art shot-blast, two paint booths and additional manufacturing facilities, all contributing to the business’s impressive sales and operational performance.

Martin Dummigan, Telestack managing director, said: “Telestack has grown rapidly over the last number of years and we have firm plans to double our revenue again in the next three-and-a-half years. We have outgrown our current facility and we need to extend our manufacturing footprint to meet the international demand for our products. We have made a conscious decision, even in the face of Brexit uncertainty, to invest locally. We have a unique skills base in Omagh and we need to protect Telestack’s engineering acumen. The marketplace has become somewhat flooded with companies who try to copy our designs, but you simply can’t buy experience. For want of a better cliché, you have to earn your stripes. We have the experience, the commitment and the enthusiasm to continue forging ahead and continue leading the market, hence the purpose-built research and innovative development centre. We have an aggressive strategy to continue growing our sales and we are committed to Omagh, to the people that we employ and to the local suppliers and businesses that will continue to benefit from the Telestack success story.”

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