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£200 million investment for Scottish rural economy
First Minister Nicola Sturgeon has announced funding of up to £200 million has been issued to help create new jobs at a Highlands engineering company.
Ross-shire Engineering will receive the potential investment across the next five years, supplying equipment to Scottish Water. To meet the needs of the utility company, the firm in Muir of Ord has already created 100 new jobs, with the new investment providing additional job security to the existing 273 staff members.
Sturgeon said: "Ensuring a strong rural economy is crucial to Scotland's success. This funding provides a hugely welcome boost in providing skilled jobs and investment across the Highlands, as well as providing vital utility services to Scotland's homes and businesses.
"In particular, I am delighted they will be investing in their already strong apprenticeship job programme, providing vital training and employment to young people living in the Highlands in a competitive jobs market."
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