A US clean energy firm is keen to locate to Derry and create 60 new jobs.
WERC-2 Inc, which has created a method for converting household waste into a substance that will replace coal with less damage to the environment, is one of a number of companies which has expressed an interest in setting up a base in Derry.
Derry’s Mayor Colum Eastwood made the announcement after meeting with the firm during a recent investment visit to Massachusetts.
The company is currently planning on opening four factories in Massachusetts and is keen to look at options in Northern Ireland and particularly Derry to manufacture its ‘EcoTac’ product.
WERC-2 Inc co-founder Jerry O’Brien, who has been to the city on a number of occasions, said Derry is a good location to do business because of its youthful working population and close proximity to the Republic of Ireland.
He said: “Derry is a dynamic forward-thinking town with a highly skilled and educated workforce. With today’s global economy a business need to position its operations in a country and town that is very progressive.”