Textile firm Cunningham Covers sews up £500,000 in deals
A Londonderry family business has secured new deals worth over £500,000 following investments in research and development and online sales capability.
Cunningham Covers was set up in Maghera over 40 years ago and provides textile products for the transport, recreation, environmental and construction sectors.
Invest Northern Ireland offered Cunningham Covers £48,000, part-funded by the European Regional Development Fund, to help research and product development, to upgrade the company's website and launch an e-commerce portal.
Invest NI said the portal has contributed to a substantial boost in turnover and recently enabled Cunningham Covers to secure a £70,000 contract in Angola, supplying a major petroleum company with specialist UV protective tarpaulins to shelter pipe work from the sun.
Cunningham Covers has also branched out into slurry tank covers in the light of imminent EU legislation requiring slurry tanks to have a sealable opening.
It has also been carrying out research and development into creating silo tank covers by adapting current technology.
The firm secured its first contract in Scotland during development stages and is currently refining the application for launch to market later this year.
David Cunningham, managing director of Cunningham Covers, said: "Currently we are attracting business from the Republic of Ireland and Great Britain, through to the Middle East and Africa. Our innovative e-commerce portal has made a significant contribution to securing these orders."