AN ELECTRICAL heating products company is set to create 37 new jobs in Portadown.
Glen Dimplex is the world’s leading manufacturer of electrical heating products and its factory at Seagoe will make a new range to be sold worldwide.
The £2m investment will see an initial 37 jobs created but this figure could rise to 200 new posts over the next few years.
Enterprise Minister Arlene Foster welcomed the news and said it was a significant investment for the area.
“The creation of 37 advanced manufacturing jobs is welcome news for the sector and will help to deliver an additional £500,000 annually in salaries into the local economy,” she said.
“All manufacturing of the new product for global distribution will take place in Portadown, which is an important development for the manufacturing sector and a clear demonstration of how investment in R&D can help companies to develop and maintain a competitive advantage.”
The company is launching a new heat storage system, called the Quantum Energy System.
Neil Stewart, managing director of Glen Dimplex in Northern Ireland, said: “Quantum is a ground-breaking technology that we’ve been working on for two years.
“We see it as a real game-changer in the future of Glen Dimplex as we, and society in general, strive to create a more sustainable future.
“Quantum offers consumers up to 25% cost savings through accurate comfort temperature control and efficient heat storage.”