VP: Dr Brian Burns
Pre-tax profit: £11.8m Employment: 1,329 Pay bill: £60.3m
Springtown Industrial Estate Londonderry BT48 0LY Tel: 028 7127 4000 www.seagate.com
Seagate is the industry leader in hard disc drives and storage solutions. The company offers the industry’s broadest portfolio of hard disc drives, solid state drives and hybrid drives, as well as an extensive line of retail storage products for consumers and small businesses.
The Springtown facility, which has been operating for over 20 years, is the largest factory of its type. This year it announced a package of investments totalling approximately £57.4m at Springtown in Londonderry. And investment of £47.4m by Seagate is supported by Invest NI with an offer of £9.95m.
The funding will be focused on enabling further research and development in nanophotonics, and will also bring 25 highly skilled new jobs. Nanophotonics is the generation and manipulation of tiny points of light to increase storage space.