Invest NI ‘Goes for Growth’ Securing £129m of Investment and Promoting 990 New Jobs in the Antrim & Newtownabbey Borough Council Area
Invest Northern Ireland secured £129m of investment in the Antrim and Newtownabbey Borough Council area during 2014/15. This investment resulted in 990 new jobs promoted by businesses, an increase of 5 per cent compared to last year.
Invest NI also offered over £15million of support to businesses in the area.
Moira Loughran, Invest NI’s Eastern Regional Manager, said: “It is encouraging to see more and more companies investing in the Antrim & Newtownabbey Borough Council area, such as the £62million investment from local business Randox which will lead to the creation of 540 new jobs in the area. This was the largest investment and jobs project by a local company that we supported in 2014/15.
“Wright En-Drive, one of our most successful indigenous manufacturing companies also made a significant investment with the promotion of 130 new jobs and investments were made by McLaughlin & Harvey, Oakwood Door Designs, and Jet2 to name just a few.
Significantly, 93 per cent of the jobs promoted in the area were by locally owned companies, showing a marked increase of 211 per cent compared to last year.
“Our support for these investments confirms our commitment to helping businesses in this area and will go a long way in ensuring a real and positive impact on our local economy. As well as the new jobs promoted which will be in place in the coming years, our support also ensured over 900 new jobs were actually created in Antrim & Newtownabbey Borough Council.”
“As well as this strong in-year performance, across the four years of this Programme for Government period, we have helped secure £326 million of investment in the local economy and supported projects which will create 2,507 new jobs”, continued Moira.
“As we enter into an ever-challenging budgetary environment we will continue to build on our hard work in the Antrim & Newtownabbey Borough Council area and I would encourage businesses within the area to continue working with us to identify new opportunities and develop their businesses further.”
View the Invest NI Support (PDF) for a council by clicking on the region below.