Bell Welcomes continued growth of CMASS...
Author: CMASS
Enterprise, Trade and Investment Minister, Jonathan Bell, has joined the fifth
anniversary celebrations of Mallusk based manufacturing service company CMASS.
Wednesday, 29 July 2015
As part of the celebrations the Minister also announced a company investment of
more than £500,000 and the creation of five new jobs.
The investment elevates CMASS to Electronic Contract Manufacturing (ECM) status
meaning itcan now fully build, assemble, test and repair electronic systems
and products and provide Printed Circuit Board Assembly (PCBA) capability
alongside its existing Wiring Harness and Software Media Duplication services.
Speaking at the celebrations Jonathan Bell said: “CMASS is a dynamic local company
and I am pleased to be here today to mark their fifth birthday. The investment of
more than £500,000 by the company and the support offered by Invest Northern
Ireland, of a £62,933 capital grant, demonstrates a commitment to the future by
this high growth business. In its early days,
CMASS provided labour only production services, however through this latest
investment in a state-of-the-art Printed Circuit Board Assembly capability,
CMASS has developed into one of Northern Ireland’s leading manufacturing
services companies.
“I know in recent years CMASS have performed strongly in export markets with
a large proportion of sales being generated
outside of Northern Ireland. It is envisaged this investment will help boost
the company’s growth and further enhance
their competitive position in the global market place.”
Barry Mulhern, Managing Director, CMASS, said: “We are delighted to announce
today that with Invest NI support we have
developed this new capability that will underpin the creation of five new jobs.
“We have performed strongly in recent years with 90% of our sales being
generated outside of Northern Ireland. We have
invested heavily in the latest generation equipment and this was the final
piece of the jigsaw to enable to us to offer
fully outsourced manufacturing services to our current and new customer base.
“This project elevates us to ECM status and in turn gives us the opportunity
to increase our sales revenues outside of Northern Ireland and grow our exports on
a global scale.”