McAree Engineering Ltd, a 3rd Generation Family business based in Ballinode, Co. Monaghan, today announced a €5M expansion and the creation of 30 jobs over the next 2 years.
This major investment will include:
A purpose-built 3,700m2 (40,000 square feet) factory unit with 8,000 m2 yard space, adjacent to their current facility which will double their capacity to manufacture their V-MAC range of bulk storage silos. This facility will be operational by October 2018.
The purchase of a new 12m 2.5m Trumpf 8000 laser which will be the largest laser bed in Ireland and the UK and will significantly increase their metal processing capacity from 150 ton per week to 230 tons per week. This laser will be installed and operational by mid-July.
The addition of an Oxylan Pre-treatment system for their Dry Powder paint plant at their Carrickroe facility which is in the final stages of commissioning.
It is expected that this investment will lead to the creation of at least 30 jobs over the next 2 years with opportunities for Mechanical Design Engineers, Sheet Metal Fabricators, and Operations staff. The recruitment program for this staff has already started.
Speaking at the North East Lean Network Open day held at their Ballinode Factory, Managing Director, Brendan McAree “We are delighted to make this announcement today in the presence of our local Minister Heather Humphreys, Minister for Business, Enterprise, and Innovation. This is the largest investment McAree Engineering has ever made and it is in response to the growing demand from our customers.
We feel that this is a wonderful statement of our intent to continue to be leaders in the sectors that we operate in and is testament to the wonderful team that works in McAree Engineering that has worked hard to get us to this position”.
Operations Director, Vincent McAree added “this investment will benefit all areas of our business and help us to further engage with our customers. Over 90% of what we manufacture is either exported directly or indirectly and we want to be in a position to support our customers in their efforts to grow their own businesses”
“We are extremely grateful to our business partners including Enterprise Ireland and Bank of Ireland who are supporting us in this expansion. Today we are delighted to be hosting this North East Lean Network Open day to share with other companies some of our experiences that may be of benefit to them” stated Financial Controller Claire Doogan.
Minister for Business, Enterprise and Innovation Heather Humphreys said “I am absolutely delighted to congratulate McAree Engineering this wonderful announcement for Monaghan and the region. The investment is a huge achievement and a testament to the big ambition the company has shown over the years. They are a shining light for indigenous Irish businesses in rural Ireland through their success and dedication. As Minister for Business, Enterprise and Innovation, and local TD for Monaghan, I couldn’t be prouder to join them in celebrating this landmark. I wish them every success for the future.”
About McAree Engineering
McAree Engineering was set up in 1946 by Vincent McAree, just outside the picturesque village of Ballinode in North Monaghan. His son, Brendan McAree is the current Managing Director and three of his children are working closely with him in the business: Vincent, a qualified engineer is the Operations Director; Claire, an accountant is the Financial Controller and John is a Production Manager. Nuala, Brendan’s wife is the company secretary.
The business employs 120 people across two factories in North Monaghan whose focus is on the design and manufacture of sheet metal fabrication solutions for the industrial and agricultural sectors.
They offer a full outsource sheet metal service from design through to laser cutting, folding, fabrication, dry powder paint coating and assembly.
In addition, they design and manufacture the V-Mac range of bulk storage silos servicing the agricultural, bio-mass and waste water industry in Ireland and the UK.
They also have a Projects division, operating out of their Carrickroe factory which focuses on specialist project-based design, fabrication and manufacturing & coatings service for the industrial sector.
About the North East Lean Network
This Industry led network focusses on best practices and cutting-edge developments in lean enterprise, operational and process excellence; lean thinking and practices and continuous improvement. It will be of interest to organisations of all sizes and from sectors that are adopting or seeking to adopt lean thinking and practices to enable and sustain competitiveness in national and global marketplaces.
Any company who is interested in joining the network can do so by contacting them via Linkedin - @North East Lean Network.
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