Co Tyrone recycling solutions company REP-TEC has secured £300k in funding to expand and fund 15 new jobs.
The loan has been provided through Whiterock Finance's Growth Loan Fund II, as part of Invest NI's Access to Finance initiative. REP-TEC, based outside Dungannon, designs and manufactures automated recycling solutions, including fully automatic balers and conveyor systems.
Colm Grimes founded the business in 2020 and has seen rapid expansion. In 2021, REP-TEC sold and installed the first robotic recycling system in Ireland.
Jenna Mairs of Whiterock Finance said REP-TEC was "primed for growth and we can see the potential for expansion further into international markets".