LISBURN based engineering business Camlin is creating 298 high value jobs as part of a £28 million expansion at its Lisburn headquarters.
Camlin develops and supplies innovative engineering solutions, primarily for the electricity and rail industries.
Speaking at the official opening of its new state of the art factory, Invest Northern Ireland Chief Executive, Alastair Hamilton said:“Camlin is a high-tech manufacturer and this significant expansion marks an exciting chapter in the strategic growth of the business.
“We have been working closely with Camlin to help the company realise its global potential. Our offer of £5million will support the company’s multi million pound investment in R&D, skills, property and job creation.
“These commitments will see Camlin’s future research, engineering, design and manufacturing activities centred in Northern Ireland, which is positive news for our local engineering sector.
“The 298 new jobs, 98 of which are already in place, will generate over £9.5million annually in salaries to the local economy and provide skilled employment locally and across Northern Ireland.”
Camlin operates with the vision of bringing revolutionary products to life for a wide range of industries and also has interests in a number of R&D projects in a variety of scientific sectors. The Camlin operation spans over 21 countries across the globe and currently employs 251 people at its Lisburn site.
John Cunningham, Camlin’s Chief Executive, said:“This major investment is part of an ambitious and strategic growth plan designed to help us increase our global sales and market presence.
“Innovation through new product development and training for our workforce has been a major focus for us as we work to position ourselves competitively to successfully enter new high value markets.
“Our ethos is based around delivering high tech solutions and our new staff are involved in leading edge technologies across R&D and manufacturing disciplines.
“This new building is giving us the scope to accommodate an increased workforce and fully implement our growth plans.
“We are delighted with the support we have received from Invest NI which has enabled us to recruit new staff quickly and develop new products with global sales potential.”
Much of Camlin’s new technology has been developed as a result of connections made with international partners through the Enterprise Europe Network.
Invest NI’s support includes £953,377 in R&D assistance, part funded by the European Regional Development Fund under the EU Investment for Growth and Jobs Programme 2014–2020.