Enterprise, Trade and Investment Minister Jonathan Bell has announced Nu Print Technologies’ plans to create 21 new jobs, in Londonderry, as part of a £1.4million investment aimed at growing its export sales.
Based in Springtown Industrial Estate, Nu Print Technologies' specialises in the supply of labels to a wide range of industries such as food and drink and pharmaceutical packaging.
Jonathan Bell said: "Nu Print Technologies is an innovative business and this significant investment is designed to position the company competitively to succeed in new markets. The creation of 21 jobs here in Springtown, over the next three years, signals the company's continued commitment to the area. Once in place these jobs will generate £469,000 annually in additional salaries and also help to bolster the manufacturing skills base in the North West.
"The company's investment includes the purchase of new equipment to enable the production of new products and to improve processes and efficiencies. Invest Northern Ireland has also offered £279,000 to support its investment in new technologies and the recruitment of a Product and Process Manager. This has enabled Nu Print to proceed quickly with its growth plans and gain the resources and capability needed to grow its sales outside Northern Ireland."
Gavin Killeen, Managing Director of Nu Print Technologies added: "We are focused on diversifying our product offering to make the most of opportunities in the flexible packaging and technology sectors. To do this we have introduced new manufacturing technologies and boosted our capability across a range of labelling activities.
"Invest NI's support is helping us to maintain a competitive advantage in our target markets and scale up our offering to leverage new business. The 21 new jobs to be recruited over the next three years will support our projected growth and help us form a strong team that will drive the business forward."