About 260 jobs are being created by a US global engineering company
Terex, which manufactures equipment used in the construction, quarrying and mining industries, has factories in Dungannon and Omagh, and the move is part of a £21.7 million (€25.3 million) investment with the jobs being created over the next four years.
The company plans to build new factory space, purchase new equipment and invest in research and development with the help of £2.6 million in support offered by Invest NI. It is estimated the new skilled jobs will contribute £5 million a year in wages.
"Terex GB is one of Northern Ireland's top engineering companies and this decision to expand is a boost for Northern Ireland's vibrant materials handling sector. It also acknowledges the value which the Terex Corporation places on the skilled and educated workforce available here,” said Enterprise Minister Arlene Foster.
"As well as providing skilled employment opportunities in the local area there is also the potential that this investment will create further skilled jobs in the Terex manufacturing supply chain."
The jobs news follows the creation of 40 new jobs in Omagh by
