A NEWRY manufacturing firm is to create 47 new jobs as part of a £2 million investment plan.
Critical Power Systems designs, manufactures and supplies power distribution units for the data centre market.
It has been offered £345,000 by Invest Northern Ireland towards to expansion.
The company's managing director Colum Hadden said it was "an exciting development for us as we work to build our brand and market presence among target customers".
“The assistance provided by Invest NI has played a key role in developing this new manufacturing facility in Newry," he said.
"We are encouraged by our sales and performance to date and will continue to work closely with our key partners, which are global suppliers to the data centre and power distribution market, to secure new export business.”
Economy minister Simon Hamilton described the firm as "an ambitious start-up taking advantage of the manufacturing and engineering skills available in Newry to support its growth".
"It has developed quickly over the last six months to meet customer demand for its products," he said.
“Critical Power Systems is making a valuable contribution to the manufacturing base in Newry and the company’s loyal and skilled workforce are among the 80,000 people currently working in our growing manufacturing industry.
“The investment supported by Invest NI demonstrates CPS’ confidence in sales opportunities in its target markets.
“The new jobs being created over the next three years will generate £1m in additional salaries to the local economy and offer skilled employment opportunities in the Newry, Mourne and Down District Council area.”
