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Birmingham Post
Birmingham Post
Business
David Elliott

Telestack parent to invest £4.8M to expand manufacturing at Omagh site

The US owner of County Tyrone material handling company Telestack is to invest $6 million (£4.8 million) at its Omagh site in a move which his expected to add jobs.

Tennesse-based Astec, which bought the locally-grown business in 2014, said the investment will go to building an additional 22,000 square feet of space at the Doogary facility and helps support its continued expansion across the globe. The investment was made on a visit to Omagh by the new CEO of Astec Jaco van der Merwe.

Headcount at the company is thought to stand at around 200 and the latest investment is expected to see that number climb to nearly 300.

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