Northgate Expands, Creating 88 Jobs
Northgate Expands,Creating 88 Jobs
NI Enterprise Minister Announces £19M Investment Backed By Invest Northern Ireland
Northern Ireland's Enterprise Minister Arlene Foster has announced a £19.4 Million expansion by Northgate Managed Services, supported by Invest Northern Ireland, which will create 88 new jobs and safeguard 241 others over the next three years.
Northgate Managed Services provides ICT infrastructure and specialist managed services to public and private sector organisations throughout the UK and Ireland from its head office in Newtownabbey.
The new funding of almost 22M Euro is to help Northgate win £62million of new business in external sales. It will bring more than £8million in salaries annually into the Northern Irish economy.
The project will involve Northgate centralising some back office functions, making efficiency improvements and engaging in a major training and development programme.
Making the announcement, Minister Foster said: "This major investment is a significant commitment by one of the UK's leading IT services firms.
""Generating £8.2million annually in salaries through the creation of 88 new jobs and the safeguarding of a further 241, It demonstrates Northgate's focus on ensuring that it is competitively positioned to win further new business.
Invest NI has offered £2.64 million in support which includes £1.12 million of training assistance part funded by the European Regional Development Fund.
Minister Foster continued: "This is a strong endorsement of the local skills base, which will be further enhanced as the training element of the project is implemented."
"Maintaining such skilled jobs paying above average salaries in a key industry sector, particularly in the current economic climate, is a very welcome boost for the Northern Ireland economy."
"By 2011, over 530 people will be employed by Northgate in Northern Ireland, that's almost half of its total UK workforce", she concluded.
Andy Ross, Chief Executive of Northgate Managed Services said: "Last year we worked to reduce the impact of the global downturn and focused on increasing sales, fulfilling customer needs and protecting jobs. We were extremely successful in achieving these objectives and the investment announced today will allow us to build upon those achievements and prepare to take advantage of the upturn.
"We have identified new external sales opportunities potentially worth up to £62 million over the next three years and plan to implement a number of efficiency and capability development activities to ensure we achieve the targets set.
"Our highly talented employees are a key part of our continued growth and the investment in training and the recruitment of a further 88 staff will be a crucial to our future success," concluded Ross.
Invest NI's £2.64 million of support includes £1.12 million of training assistance part funded by the European Regional Development Fund under the Sustainable Competitiveness Programme for Northern Ireland.
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