CLOSE to 50 jobs are being created at MAW Engineering in Toome after the firm has invested £2.8 million in a new commercial vehicle venture including a purpose-built new manufacturing facility.
The firm, created by former SDC Trailers managing director Mark Cuskeran, specialises in the manufacture and assembly of walking floor trailers and vehicle bodies, and its products are regularly used in the transport of biomass, general haulage, construction equipment and delivery vans.
The products will be made and assembled at a new state-of-the-art purpose-built 57,000 sq ft facility at Creagh industrial estate in Toome.
Mr Cuskeran said: “We have over 20 years in the commercial vehicle sector and see significant opportunities in national and international markets.
“Our team already has significant experience in manufacturing, transport and logistics, and we're looking forward to bolstering this further through the new jobs we are able to create, bringing new talent to the company.”
Invest NI has offered £322,000 to MAW to create 46 new roles (half are already in place) across functions including finance, store, administration and HR, and when everyone is recruited, it will pump an extra £1.3 million a year into the local economy.
Bill Montgomery, director of advanced manufacturing and engineering, Invest NI, said: “This new venture by Mark Cuskeran, a veteran of the commercial vehicle sector, will bring a range of products to the market that can be custom designed to a customer’s specific needs.
“The investment in a new purpose-built factory and 46 additional jobs demonstrates the company’s confidence in its business model and the market as it looks to explore business opportunities in external markets including GB, RoI and Europe.”
Last week the Irish News revealed that Swedish-rooted on-road load handling equipment specialist Hiab had appointed MAW as its key sales and installation partner in the north and the border counties of Cavan, Donegal and Monaghan.
