Invest NI helps CDE expand into new premises

Dec 03, 2007

Cookstown quarry equipment manufacturer CDE is to expand into new premises in a £5.4 million investment supported by Invest Northern Ireland.

The firm is to construct a major extension to its existing manufacturing capability, at their global head office in County Tyrone. The extension will increase the firm’s existing production capacity, improve quality and reduce costs. The increased capability will help the firm develop new and existing export markets in Asia, Eastern Europe and the Middle East.

Invest NI Chief Executive Leslie Morrison, announcing the investment, said: “I am delighted that we are assisting the company develop a state of the art manufacturing factory which will reflect the professionalism and international focus of CDE. The development of such property is important for indigenous companies which are experiencing significant growth overseas.

“This new building project is now a vital element of CDE’s strategy for moving forward. It will enable the firm to optimise the efficiency of its production facility and reinforce its growing presence in international markets."

Tony Convery, Executive Chairman of CDE Ireland, said: “By moving into new purpose-built premises, with the support of Invest NI, we will be able to further increase the level and quality of our production which will ensure we continue to offer some of the most innovative products available in international markets.

There are major opportunities particularly in Eastern Europe and Asia for CDE and this facility will help us to secure new business in these regions.”

Share this Article

Sign up for News

 Enter Code

Latest Features

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
Businesses boast improved performance
John McClune, Lean Process Manager
Mar 13, 2018
Invest NI’s Access to Finance portfolio spurs growth in local businesses
Mike McKerr, EY Managing Partner Ireland
Mar 06, 2018
Inspiring Exporters
Steve Harper, Executive Director of International Business
Feb 28, 2018
How can you plan for the unknown?
Olive Hill, Executive Director of Strategy
Feb 22, 2018