Foster Announces £1.3million Investment by Coote Engineering in Tyrone

Nov 15, 2013

Picture by Michael Cooper

Pictured with Enterprise, Trade and Investment Minister Arlene Foster is Philip Coote, Managing Director, Coote Engineering.

Enterprise, Trade and Investment Minister Arlene Foster has announced a £1.3million investment by Ballygawley-based Coote Engineering, which will create 17 new skilled jobs.

Coote Engineering specialises in the design and manufacture of machinery and moulds for the pre-cast concrete industry. Invest Northern Ireland has offered the Tyrone firm £170,000 of support towards its investment in new buildings, equipment and people.

As part of the growth plans, the family-run business will extend its factory by 13,800 sq ft to include two high-level bays and implement measures to boost its profitability and performance.

Arlene Foster said: “The management team at Coote Engineering has dedicated time and energy into developing a strategy to secure the future of the business. This capital investment will help to put in place the infrastructure needed to facilitate the company’s growth plans.

“Coote is a well established firm which has taken advantage of Invest Northern Ireland’s support to identify new opportunities and to broaden its customer base. The company now exports its range of standard and customised machinery across Europe, the Middle East and the United States.

“The 17 new positions, to be created over the next three years, will generate over £390,000 annually in salaries, making a positive and valuable contribution to County Tyrone and the wider economy.”

Philip Coote, Managing Director of Coote Engineering, said: “This investment is an exciting and important development for Coote that will help to strengthen our competitive position. Our enhanced infrastructure and workforce will also give us the scope to extend our export ambitions into North and South America, India and Australia.

“Invest NI’s advice and assistance over the years has been invaluable and its support with this expansion will help us deliver our strategic growth plans and secure the long term future of the business.” 

Share this Article

Sign up for News

 Enter Code

Latest Features

Transform your Business - Conference
John McClune, Lean Process Manager
Apr 19, 2018
New Middle East exports open up to Northern Ireland businesses
Noel Johnston, Regional Manager for Qatar, Iran and Kuwait
Apr 17, 2018
Access Invest NI’s Business Information Centre in the North West
Des Gartland, North West Regional Manager
Mar 26, 2018
Relationships, reputation and robust processes – why doing business in Africa is unique
Natasha Siniscalchi-Dönmez, Regional Manager Sub-Saharan Africa
Mar 23, 2018
GDPR video workshop - how to be compliant and keep your data safe
Danny Smyth, Information Governance & Data Protection Manager
Mar 16, 2018
Unpicking the EU negotiations
David Roberts, Invest NI Economist
Mar 15, 2018