By 
AMERICAN firm Terex one of the North’s largest manufacturing employers with operations in Omagh, Dungannon, Derry and Ballymoney has taken over Cookstown based Steelweld Fabrications.
The deal is understood to be part of a long-term strategy which will mean investment in to some of the companies other facilities in the six counties. Their are currently 110 employees at the Cookstown plant.
Terex’s main business in Northern Ireland is making crushing and screening equipment for the construction and mining industries.
John Garrison Jr who is the Corporation Chairman and Chief Executive Officer for Terex said, “We are excited to welcome Steelweld’s talented employees to the Terex team.
“Over the past 40 years, the company has built a highly skilled work force and has a valued reputation for high levels of quality and service,”
The finances surrounding the sale have not been made available to the public at this time.
Steelweld’s 2021 accounts showed their annual turnover is just over £8m.