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Texas' Techemet secures 10,000 sq ft Newry base with £2m investment

Techement Newry
/ 24th January 2023 /
George Morahan

Texas-based metal trading business Techemet has acquired a 10,000 sq ft industrial space in Newry to establish and grow operations in Northern Ireland.

The £2.1m investment in two 5,000 sq ft units at Carnbane Industrial Estate was facilitated by Newry property agency Bradley NI, which sourced and negotiated terms for the premises on behalf of the US firm.

The two units sit on a two-acre site near major businesses such as Norbook and MJM, and it will be used by the company to further its reach in Northern Ireland and the Republic of Ireland.

It has also connected the company's already established European operations with its UK office in Tamworth and global headquarters in Texas. Techemet also operates facilities in England, Mexico, Italy, Canada and Brazil.

Techemet
 Newry
Techemet has secured a 10,000 sq ft based in Newry for £2.1m.

Bradley Mills, managing director of Techemet added: “We are excited to invest in Newry and Northern Ireland and are very grateful to Bradley NI for their expertise, support and professionalism.

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"Our new premises provide us with a great base between Belfast and Dublin and in close proximity to the port at Warrenpoint. We look forward to being part of the local business community and to growing our team in Newry.”

Garrett O’Hare, managing director of Bradley NI, said: “This is a very positive story for Newry, with a high-quality inward investor adding to the vibrancy of the local business community by investing here and creating jobs.

"Techemet has a 70-year heritage and is considered one of the world-leaders in its field. Bradley NI was pleased to act on the company’s behalf and to secure high-quality premises for it to establish a base in Northern Ireland.”

Photo: Garrett O’Hare. (Pic: Kelvin Boyes/Press Eye)

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