Purepipe Makes £250k Investment
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state of the art specialised pipe manufacturing equipment needed to target new business. Purepipe is the composite pipe manufacturing division […]
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland.
Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state of the art
specialised pipe manufacturing equipment needed to target new
business.
Purepipe is the composite pipe manufacturing division of SILOTANK. It manufactures fiberglass pipes from 600mm to
2000mm and exports 96% of its invoiced sales outside Northern
Ireland.
Commenting on the investment,Seamus Carmichael, MD of
Purepipe said: “We have experienced sales growth for our
Glass Reinforced Plastic (GRP) pipe in recent years specifically from
hydro-electric developers and wave energy technology companies.“This investment signals our ongoing commitment to
continuous innovation and focus to position ourselves to compete in
international markets.“The new pipe rectification and machining technology will ensure we can manufacture the projected
volume, quality standards and cost structure required to target new
business.
“The new pipe rectification and machining technology will ensure
we can manufacture the projected volume, quality standards and cost structure required to target new business.
“Invest NI’s support, particularly with recruiting six new production
operatives will help us drive forward our growth plans and
capitalise on growing market opportunities across Great Britain
and the Republic of Ireland.”
Kevin McCann, Invest NI’s Director of Advanced Engineering and
Construction, said: “This is an important and strategic expansion
by a company which has invested steadily in its product development and in driving sales outside Northern Ireland in recent years.
“Purepipe has pinpointed key growth areas for the business and
its investment will ensure it has the resources and capability to meet
the needs of its target customers.”
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