Sinn Féin MLA Raymond McCartney has welcomed the news that Maydown Precision Engineering (MPE) will create 40 jobs in Derry after Manchester-based A2E Venture Catalysts bought a majority stake in the company.
The Foyle MLA said;
"This announcement by Maydown Precision Engineering (MPE) that it is to create 40 high skilled jobs in Derry is a great boost for the local economy.
"The confidence of this investment will also send a positive message that the North West is competitive and a good place to invest.
"It is important that we attract more jobs of this high category into this region."