Creative Composites

Type
Business expansion
Country
United Kingdom
Region
Northern Ireland; Northern Ireland; Lisburn and Castlereagh
Location of affected unit(s)
Lisburn
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms
20.16 - Manufacture of plastics in primary forms
66 jobs
Number of planned job creations
Job creation
Announcement Date
29 July 2019
Employment effect (start)
Foreseen end date

Description

Composites manufacturing company Creative Composites announced the creation of 66 jobs as it looks to expand its business in the automotive, materials handling and mass transit sectors. The company is investing GBP 11 million (€12 million) for the creation of jobs. The sum includes GBP 1.5 million (€1.7 million) made available by Invest NI through the European Regional Development Fund. It is reported that these positions include engineering, production and management roles. Once the jobs are filled, the total headcount of the company will stand at over 350 staff.

Sources

Citation

Eurofound (2019), Creative Composites, Business expansion in United Kingdom, factsheet number 98244, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98244.