‘We help our members grow through a variety of networking opportunities.’

Expansion leads to new jobs for firm

A Warrenpoint firm has created nine new jobs following an investment in the expansion of its premises and diversification into a new line of business. CTS Projects Ltd construction technology specialists focus on providing heating systems and energy efficient solutions for the residential, new build and retrofit markets. The firm recently purchased a 70 acre site in Rostrevor  on which to plant harvest and grow willow as a renewable energy source. Danske Bank provided CTS Projects with a working capital facility an d a range of financial  supports to help the company buy its existing premises at Milltown East Industrial Estate enhance the facility to include a new services unit and purchase the site for the new willow farm. CTS Projects MD Connaire McGreevy said: “In recent years we saw an increase in the number of contracts won in the ROI on the back of a new EU Directive for energy efficiency services in households. As a result gas and electricity providers are inviting tenders from companies like CTS which can offer innovative and cost effective solutions to ensure they are complying with these EU Regulations. As well as recruiting more people in order to meeting a growing demand for our service we new we would have to invest in expanding our premises.” Danny Hughes Danske Bank Business Acquisition Manager added: “CTS Projects is an excellent example of an indigenous company which has continued to report steady growth throughout the recession as a result of its focus on R&D and innovation and its willingness to take risks in diversifying into new areas in the business. The firm has reacted quickly to changing the market conditions and this has paid dividends in supporting the firm’s growth.”


Newry Democrat

29th April 2014