SRS secures £200,000 Libyan contract
Published 29/09/2010 | 08:00
A County Tyrone manufacturer has secured a contract with a major housing project in Tripoli, the Libyan capital.
Ballygawley firm SRS secured the business, its first in Libya and expected to be worth around £200,000, after joining Invest NI trade missions to India.
The India-hosted missions led SRS to link up with a marketing operation in New Delhi, which then introduced the Northern Ireland company to a major Indian construction company involved in the Libyan government-backed building project.
SRS began life in the 1950s as Finlay Block Making Equipment. SRS purchased Finlay BME in 2001 and the company manufactures and markets a range of concrete block-making and handling machinery.
Julian Fegan, SRS sales and business development director, said: "It was following one of the Indian missions that I decided to tie up with an experienced operation there that would give us an ongoing presence in this huge marketplace.
"This led to the deal to supply our block-making machinery, a relationship which could lead to further business in Libya and other international markets."