ERJ staff report (TB)
Lisburn, Northern Ireland (Sept. 13, 2012) - Aromet Group Ltd., a subsidiary of tyre repair materials producer Tech International, is investing $5 million in its plant in Lisburn to upgrade the factory premises, install state-of-the-art information technology systems and develop a new e-commerce website.
The investment was disclosed today by Northern Ireland Enterprise Minister Arlene Foster, who noted the investment will result in 32 new jobs at the Lisburn plant, which makes a range of tyre repair products for the international marketplace. The company said it plans to leverage the upgraded assets to target new high profile clients across Europe.
â€œWe are putting in place a dedicated European sales team, and over the next three years we aim to significantly increase our share of the European tyre repair market,â€ Aromet Group Managing Director Mark Noble said.
Invest Northern Ireland is supporting the project with $256,000 under its Boosting Business initiative.
â€œIn today's highly competitive world, R&D needs to be at the heart of every business growth strategy,â€ Ms. Foster said, â€œso I am pleased to see that Aromet is also expanding its research and development function to strengthen its focus on innovation.
â€œBuilding elements of R&D and innovation into a company's core activities is not only important for individual business success but absolutely essential to wider economic growth,â€ she said, adding the support offered by Invest NI â€œsignifies the government's focus to secure the long-term growth of our economy by encouraging all Northern Ireland businesses to consider how R&D can give them an advantage in the market place.â€
Aromet employs 60 in Lisburrn, the ministry said. The additional staff will be mainly manufacturing and sales positions, but four positions are considered â€œhigh levelâ€ management posts.
â€œInvest NI's support for the new jobs has been essential to allowing us to move ahead with our growth strategy,â€ Noble said.
Tech International acquired Aromet in 1998.
From Tire Business (A Crain publication)
Press release from UK government