McGuinness Mechanical Engineering (MGME), a well-established heating and plumbing contractor based in Newry, is set to double its turnover and grow exports by nearly £11 million, Northern Ireland Economy Minister Dr Caoimhe Archibald has announced.
The company specialises in the design, supply and installation of mechanical services across residential, commercial and industrial projects.
MGME is investing £3.5million to expand its operations, which includes creating 28 new skilled jobs and doubling its current workforce. This expansion will allow the business to strengthen its maintenance division and boost sales in the Republic of Ireland.
The investment supports the company's ability to take on larger-scale projects, increasing productivity and allowing for improved planning and cost efficiency. The new roles span both senior management and site-level operations, including positions such as Contracts Managers and Mechanical Operatives. The average salary for these roles is £54,250.
The growth has been welcomed by the Economy Minister as a positive step forward for local industry and regional exports.
Making the announcement during a visit to MGME, the Minister said: "Creating a regionally balanced economy with more high-quality jobs are key pillars of my economic vision. This investment will not only create 28 high-quality jobs, generating £1.5million a year in wages for the Newry region but will also provide an estimated £250,000 annual boost to the local supply chain."
Thomas McGuinness, Managing Director at MGME, added: "Our vision is to become a leader in Ireland's mechanical engineering industry. We're excited to make this investment and step into that vision by growing our business and increasing our sales in Ireland.
"Invest NI has played a key part in our journey, helping us strengthen our business to enable us to grow. Through its leadership and supply chain programmes, we’ve refined our strategic direction, accessed expert advice and increased our resilience. We are now set for growth, and we look forward to realising our strategy."
To find out more about Invest NI’s support for businesses, visit www.investni.com
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