A family owned business is planning to create 83 jobs as part of a £7 million investment programme in Tyrone.
Fabplus, which is owned and managed by the McGavigan family, intends to expand its existing factory in Strabane, create both management and production jobs and also invest in further research and development.
The Tyrone company, which is a subsidiary of Lifford based Mechanical Pipework Fabrication, manufactures bespoke pre-fabricated pipework and its products can be found across a variety of buildings and venues from power stations to stadiums, hospitals and factories throughout Ireland, the UK and Europe.
Darren McGavigan, a director of Fabplus, said the family has an ambitious thre-year expansion plan for the Strabane firm which includes developing in-house powder coating and pipe optimisation processes.
“Extending the factory by 48,000 sq ft will increase our production capacity and improve factory workflow. Adding breadth and depth to the management team will also introduce additional expertise into the business while implementing our innovative new processes will consolidate our market leading position with new and existing customers,” he said.
Invest NI has offered the company more than £786,000 to support its expansion, including £187,590 of R&D support, part funded by the European Regional Development Fund.
Invest NI’s chief executive Alastair Hamilton said the investment by Fabplus is a “significant boost “ for the the construction sector and the North West region
