US-based Terex Corporation, a manufacturer of lifting and material-processing solutions, is establishing a new facility near Londonderry as part of a £12 million investment that will create 100 new jobs.

The new factory in Campsie will manufacture product lines for Terex Ecotec (waste management and recycling) and Terex Conveying Systems (TCS) (mobile conveying).

Invest NI has offered nearly £1 million towards the project, to support the new jobs plus R&D.

Alastair Hamilton, Invest Northern Ireland CEO, said: “This major investment by Terex demonstrates a long-term commitment
to Northern Ireland and recognises the importance of the region as a manufacturing location for this global firm.

"An investment of this scale — in a new facility, new equipment, new product development and staff training — is a major undertaking, and our support has been critical to securing the project.”

Terex (www.terex.com) currently operates from eight sites in Northern Ireland, employing over 1,500 people. Kieran Hegarty, president of Terex Materials Processing, said: “Our objective is to be recognised as a leading global manufacturer of mobile conveyor systems, waste management and recycling equipment.

As part of our growth strategy, we are continually reviewing markets to identify potential opportunities. The waste management, recycling and mobile conveying sectors are areas of significant opportunity, particularly in the USA.

“This new 105,000ft² facility will help us realise this ambition by increasing our manufacturing and engineering design capability and developing innovative new products for Terex Ecotec and TCS.

“The new Campsie site will be operational later this year, and we aim to have all 100 jobs in place within three to four years.”