Terex building new manufacturing facility in Derry
Company investing £12 million in new production facility for Terex Ecotec and Terex Conveying Systems
TEREX Corporation, one of the major global players in materials processing equipment, are to invest £12 million in a new manufacturing facility in Derry, Northern Ireland.
The 105,000 sq ft 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.
Announcing the investment, Kieran Hegarty, president of Terex Materials Processing, said: ‘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 recognized as a leading global manufacturer in these areas. Our Terex Campsie facility will enable us to realize this ambition.’
The Terex Ecotec product line has grown significantly since it was established in 2014 as a strategic response to meet the specialized needs of customers in the growing waste-management and recycling sector.
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 TCS business 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 over traditional wheeled conveyor systems, including: lower production costs, improved efficiency, lower running costs, less environmental impact, improved health and safety and enhanced product quality.
The Terex Campsie facility will manufacture four new products in the conveying range as well as facilitating ongoing product development.
Work is already under way at the facility, which is planned to be operational later this year.
The facility will initially create approximately 100 new jobs, including production operative roles, management and support roles in HR, operations and finance, as well as a skilled engineering team that will lead the development of the Terex Ecotec and TCS product portfolios.
Mr Hegarty continued: ‘Our investment of this size in a new facility will support our ongoing growth and development as we seek to build on the momentum of increased demand for our products globally.’