Derry / Londonderry, Northern Ireland [November 2, 2023] – Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that it is making a significant investment in a manufacturing facility in Campsie, Derry / Londonderry, creating approximately 200 skilled jobs and contributing to the Northern Ireland economy. Supported by Invest Northern Ireland, Vertiv’s investment will further strengthen Northern Ireland’s highly developed and advanced manufacturing and engineering sector.
Speaking about the investment, Karsten Winther, president of Europe, Middle East and Africa at Vertiv, said: “We are delighted to be making this investment which will support our EMEA and global business growth and help us to meet strong market demand for our infrastructure solutions, mainly driven by digitalization and AI adoption. Vertiv’s focus is on solving the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions. This new investment will support our goal.”
Philip O’Doherty, managing director for the E+I business at Vertiv, added: “Derry was not the only location we considered for this facility, but it came out on top when we realized the quality of the local workforce, the cost-competitive business environment and the ease with which we can establish links and work with colleges and universities to support our research and development plans. The support from Invest NI was also crucial to our decision to choose Northern Ireland.”
The Department for the Economy’s Assured Skills Academies will assist in filling 72 of the jobs by providing training across skills areas in electrical and mechanical installation.
Mike Brennan, permanent secretary at the Department for the Economy, welcomed the investment by Vertiv, saying: “This announcement of new jobs by Vertiv is excellent news for the North West, endorsing Northern Ireland’s place in the Advanced Manufacturing sector and further developing our sub-regional economy.
“Assured Skills Academies have a track record of equipping participants with the skills employers need to flourish and grow. Furthermore, participants on these Assured Skills Academies who complete the training are guaranteed a job interview for a role with Vertiv and will be strongly positioned for success.”
Welcoming the investment, Mel Chittock, interim CEO of Invest NI, said: “September’s Investment Summit showcased Northern Ireland’s innovation and technological strengths across a number of sectors. Today’s announcement by Vertiv demonstrates the attraction of Northern Ireland for international companies that are seeking an optimal location for growth.
“Invest NI is working to realize the Department for the Economy’s 10x Vision of creating a productive, innovation-based, export-driven economy in Northern Ireland whilst also achieving a fairer distribution of opportunities for all our people through regional balance. This investment in the advanced manufacturing sector in the North West, which is one of our priority clusters, takes us a step closer to achieving this.”
Vertiv is actively recruiting for vacancies in engineering and other roles. The company has a robust diversity and inclusion strategy and is welcoming and encouraging women to apply for positions, with the goal of attracting more women into STEM careers at Vertiv. It will also use this opportunity to build on its already successful apprenticeship program to attract graduates and apprentices into full-time skilled roles.
This announcement is the latest development in Vertiv’s global manufacturing footprint. The company operates in more than 130 countries, providing an extensive portfolio of power, cooling, and IT infrastructure solutions and services that extend from the cloud to the edge of the network.
For more information about Vertiv and recruitment in Derry / Londonderry and other key locations worldwide, visit Vertiv.com.
About Vertiv
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centres, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
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