Terex Corporation has announced it will build a new manufacturing facility located in Derry, Northern Ireland.
The new 9,755 square metre facility is expected to cost £12 million (about CDN$21.1 million) and will focus on the design, manufacturing and development of Terex Conveyor Systems and Terex Ecotec product lines.
“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,” said Kieran Hegarty, president of Terex Materials Processing.
“Our Terex Campsie facility will enable us to realize this ambition.”
The Terex Conveying Systems 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 helped enable Terex to enter the port and terminal industry.
The mobile conveying range is designed to offer several advantages to traditional wheel conveyor systems, including lower operating cost, improved efficiency, less environmental impact, improved health and safety and improved product quality. The Campsie facility will manufacture four new products in the conveying range and will facilitate ongoing product development.
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The 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.
Terex facility to open this year
Work is already underway at the Terex Campsie facility and is planned to be operational later this year. The facility will initially create about 100 new jobs that include production operative roles, management and support roles in human resources, operations and finance, as well as a highly skilled engineering team that will be trained to leverage the company’s engineering capabilities and lead the development of Ecotec and Conveying Systems product portfolios.
“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,” Hegarty said.