Full steam ahead for power firm after Republic export contract
Published 05/01/2011 | 08:00
A CO LONDONDERRY company is forging full steam ahead towards new export business in the Republic.
Steam and Generation Services (SGS), which employs eight people at Carrakeel Industrial Park in Maydown, secured a major contract to provide welding and other mechanical and engineering services at the Tynagh Energy power station in Galway.
The export business was achieved less than a year after the company was set up and follows a £260,000 investment with assistance of £35,000 from Invest NI.
Sean Hegarty, SGS sales and marketing director, said: "We secured the business because of our management team's knowledge, experience and contacts in the power industry. It positions us for further growth in both Northern Ireland and the Republic."
Des Gartland, Invest NI's north west regional office manager, praised the company's achievements. "SGS is demonstrating a strong commitment to business outside Northern Ireland and an impressive entrepreneurial drive."
He added: "The company is ahead of its employment targets and at peak contract times, it has actually exceeded employment projections. Our hope is that the success in the Republic will encourage SGS, in time, to explore opportunities in the much larger Great Britain marketplace."