First publishedon www.AggBusiness.com
CDE has purchased Caterpillar NI’s manufacturing facility in Monkstown, Northern Ireland, as Caterpillar NI continues the relocation of operations from Monkstown to their Larne facility.
Headquartered in Cookstown, Northern Ireland, CDE, a leading supplier of washing plants for the world’s quarrying and mining industries, will take possession of the Monkstown building this September. The company plan to install the latest fabrication and painting equipment required to build the components necessary for their global sales operations.
With demand for CDE’s equipment range anticipated to double by the end of 2020, this additional facility will complement the firm’s existing Northern Ireland supply base and enhance employment in the Monkstown area, where a tradition of engineering has existed for many years.
The plant extends to over 300,000 square feet and is ideal for the fabrication of complex equipment. Commenting on the purchase CDE director of operations, Stephen McCullough, said: “Over the next 12 months the plant will be operational and will result in reduced lead times for projects, which is a key driver for CDE sales.”
CDE finance director, Colin Trainor, added: “The efficiencies generated will strengthen the CDE organisation as well as underpin the prospect for employment in the wider area. With our new headquarters also completing in Q4 this is going to be an exciting time for the company and will produce high quality job opportunities.”
CDE chairman, Tony Convery, and managing director, Brendan McGurgan, expressed their gratitude to the Caterpillar Northern Ireland team for their professionalism and cooperation during the sale process and provided assurance that they will continue the world class manufacturing excellence and attitude to Health and Safety they had developed over their many years in Monkstown.