MOYOLA Precision Engineering in Castledawson is implementing a £400,000 employee training initiative to further enhance its operational capability and export potential, with support from Invest Northern Ireland.
MOYOLA supplies a range of high specification complex components and tools for use in the aerospace, automotive, energy and medical device industries worldwide.
Invest NI has offered £158,061 towards the total cost of the business improvement project, including part finance from the European Regional Development Fund (ERDF).
The aim of the initiative is to increase business capability through cross-functional training, helping MOYOLA to maintain and grow its competitive advantage in markets outside Northern Ireland.
Niall Casey, Invest NI’s Director of Business Improvement Services, said: “Thanks to its long-standing ethos of continually developing its people, together with a strong focus on boosting external sales, MOYOLA has increased its performance and achieved considerable success in recent years.
“Through this current project, the company is further developing the skills and knowledge of its employees so they can contribute to even greater productivity and profitability.”
Mr Casey continued: “Northern Ireland is renowned for its excellence in the aerospace industry, and companies such as MOYOLA can help strengthen this reputation by investing in employee training to enhance manufacturing processes and add value to their products.”
Raymond Semple, Managing Director of MOYOLA said: “People and technological developments are at the heart of our success. This investment is aimed at further improving the effectiveness of our people in producing solutions that exceed the expectations of our customers.
“We have a range of world-class technology, which further enhances the quality service we give to clients. This Invest NI and EU part financed training programme is further developing our employees, increasing their capability to understand and manage our modern technology and production processes.
“Alongside this, we are strengthening the leadership skills of the operational management team. This will ultimately enable us to deliver more creative and cost effective solutions for our customers.
“Our plan is to increase our customer base and achieve greater value-added sales in markets outside Northern Ireland,” added Mr Semple.