NI firm shows its mettle
KME steelworks has secured £338k from Invest ni in the drive for 50 new jobs
A Lisburn-based engineering firm has started a significant recruitment drive for nearly 50 jobs as global demand for products and services grows.
KME Steelworks secured £338,000 from Invest NI to support the recruitment of 47 jobs — with the majority of roles being in engineering.
A third of the new jobs are already in place, with the rest expected to be fully recruited within the next two years.
KME is a provider of sub-contract services to a wide range of equipment manufacturers.
It is also recognised as a main supplier of steel moulds for use in the pre-cast concrete industry with applications ranging from road traffic barriers to arch bridge sections.
The firm announced a 22% growth rate in 2017, which brought the company’s annual turnover to almost £5m that year. The figures continue a trend showing 23% growth year on year since 2012 for the business.
KME also recently spent £2.5m on a relocation of its headquarters to a new 55,000 sq ft facility at The Green in Lambeg.
Company directors, Jason Quinn and Seamus Murchan, said they are pleased with the growth KME has achieved over the past five years. Jason Quinn said: “Growing our workforce with support from Invest Northern Ireland is central to our business strategy and we are delighted with the calibre of new recruits who have joined us so far.”
Seamus Murchan added: “We aim to further increase production capacity and the range of services offered to our customers over the next three years. Our new 55,000 sq ft facility houses state-of-the art material processing equipment which enables us to maintain our competitive advantage in our target markets.”
KME’S products target the materials handling, construction, quarrying and aggregates, recycling and agriculture markets. The sub-contract services are supplied to multinational engineering businesses in Northern Ireland and the Republic and are then exported across the world, while pre-cast moulds products are supplied direct to customers in the UK and export markets.
Bill Montgomery, director of advanced manufacturing and engineering, Invest NI said: “KME Steelworks is part of an important cluster of engineering companies developing innovative solutions for the materials handling and construction industry.
“The business has achieved sustained levels of growth in recent years and we are pleased to be helping KME implement its current expansion plans. Investing in upgraded machine technologies and creating 47 new jobs demonstrates KME’S ambition to continue building its customer base and reputation for excellence across its key markets.”