Craigavon engineering firm creates six new jobs with £500k investment
A CRAIGAVON-based engineering firm has invested £500,000 in a new 6,000 sq ft plant, creating six jobs.
The investment, which has also helped the company purchase an automated anodising machine, has been backed by Danske Bank.
Foxano, a spin out from Foxcut WCS, anodises aluminium parts for the aerospace, engineering and architectural industries.
Anodising is a process which improves metal's resistance to wear and corrosion.
Parent firm Foxcut WCS specialises in robotic waterjet cutting.
Managing director Paul Fox said Foxano was set up after spotting a gap in the market.
“We have built a 6,000 sq ft plant that will support our continued growth in the years ahead,” he said.
“We feel moving into automation puts us a step ahead of the competition and will help secure further customers in the aerospace, architectural construction, electronic and engineering industry.”
He said the new anodising plant will enhance productivity by improving efficiency and accuracy.
“The early response from potential customers is encouraging so over the next 12 months we want to continue to grow the business and provide an efficient, high-quality service,” added Mr Fox.
Karen Jennings, business manager at Danske Bank, said: “Foxano will complement the existing work of Foxcut WCS and its formation is good news for Craigavon with several new jobs being created.
“Paul's decision to diversify the business will help build on the high quality work Foxcut WCS produces. This new plant and machinery places Foxano in prime position for continued growth in the years to come.”