CDE to create 110 jobs in North as part of £6.8m investment

Co Tyrone-based washing equipment manufacturer CDE Global is to create 110 jobs in the north over the next six years as part of a £6.8 million (€8.6m) investment.

The firm, which currently employs 201 people, including 172 at its headquarters in Cookstown, said the roles are across a number of disciplines in manufacturing, research and development, marketing and engineering.

The additional jobs are expected to generate almost £2.5 million annually in additional salaries to the local economy, CDE said.

Group revenue at the company, which was founded by Tony Convery in 1992, has grown by almost five times since 2009 with staff numbers increased by a similar scale from fewer than 50 people in 2008.

CDE designs, manufactures and supplies materials, washing equipment, waste recovery and recycling systems for a wide variety of industries. It exports to over 80 countries.

Invest Northern Ireland has offered over £1.3 million towards the company’s expansion plans which include constructing a factory extension as well as a new head office building to accommodate the expanding workforce.

The announcement was welcomed by First Minister Arlene Foster and deputy First Minister Martin McGuinness.

“This is an important investment for CDE as we look to progress our longer term growth strategy by focusing on new business particularly in the USA and Europe. The CDE vision is to be the number one wet processing equipment company in every country in the world and expanding our facilities and workforce in Cookstown underpins this ambition,” said the group’s managing director Brendan McGurgan.