Developer of electrical heating products Glen Dimplex is making another investment in research and development and is to create 37 manufacturing jobs in Portadown, Northern Ireland, in the process.
The company has launched its Quantum Energy System, which has been developed by Glen Dimplex subsidiary Seagoe Technologies, with a £2m direct investment in the project.
Invest NI has offered £157,000 to support the R&D project, which includes partial funding from the European Regional Development Fund and an additional £195,000 to support capital investment and job creation.
“This is a very significant investment by the Glen Dimplex Group in Northern Ireland and one which will help to increase the company’s already strong position in international markets, with a new and highly advanced space and water heating solution,” said Enterprise Minister Arlene Foster.
“The creation of 37 advanced manufacturing jobs is welcome news for the sector and will help to deliver an additional £500,000 annually in salaries into the local economy,” Foster added.
The Quantum Energy System is a heat storage system that end users can programme to fit their lifestyles by using intelligent controls, thereby potentially saving energy costs.
Neil Stewart, managing director of Glen Dimplex in Northern Ireland, said the company has been working on the Quantum Energy System for two years.
“We are incredibly proud that this unique technology was driven by the R&D department here in Northern Ireland, with the help of our colleagues in Dunleer. We see it as a real game-changer in the future of Glen Dimplex as we, and society in general, strive to create a more sustainable future.”