8 companies to create 76 new jobs in Derry

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One hundred new jobs are to be created in Derry and Strabane as part of a £5.6 million investment.

Seventy-six of the jobs are to be created by eight companies in Derry.

The positions were announced by Economy Minister Simon Hamilton (pictured) during a visit to the city this mornng

Sixteen of the jobs are to be created by two new investors to the city, software firms Launch Pad and Peoplesafe.

Speaking at the Invest NI’s Timber Quay offices, Mr Hamilton said the multi-million investment by indigenous businesses and British investors was “positive news” for the city.

Invest NI has offered £578,400 to support the growth of the businesses.

Once in place, it Is expected the new jobs will contribute over £2.5 million in additional salaries to the local economy.

The other Derry firms creating jobs are:

Precision Group in Eglinton, creating 11 new jobs as part of a £644,00 investment.. Retail Systems Technology Limited in Eglinton – eight new jobs in an £544, investment Junk Kouture in North West Science Park – six new jobs as part of a £403,000 invessment Click Energy in Timber Quay – 12 new jobs in a £371,000 investment.

Gradon Architecture in Artillery Street – six new jobs as part of a £348,000 investment FAST Technologies in Skeoge Indusrial Estate – 17 new jobs as part of a £1.1m investment

See tomorrow’s Derry News for full details.

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