Newry firm BM Steel demonstrates mettle for export venture
A steel company in Newry has won its first business in the Netherlands and Great Britain in a deal worth nearly £1m.
BM Steel has entered a joint venture with engineering firm JB Towers in Tewkesbury, England to supply products to contractor DAEL Telecom.
The products are to be used for the Netherlands and Great Britain's telecoms market.
DAEl operates in the Netherlands, Belgium, England and Scotland.
Mike Mathers, director of BM Steel, said: "In the last six months we have doubled our workforce and almost trebled our turnover. This is due to our ambitious growth strategy and our focus on exporting to help our business grow.
"Exporting is literally transforming our business and we are very keen to expand further into the Great Britain and European markets and grow our customer base globally."
It has become a major provider of component parts and made-to-order structures since it was set up 14 years ago. It is a major supplier to Cargotec Ireland and has completed projects in London and Scotland.
Alison Gowdy, Invest NI's director, said: "Securing this major contract with one of Holland's biggest players in the telecommunications industry, DAEL Telecom, is not only a great result but will also open up more opportunities for the company.
"This experience has helped it develop the skills and confidence to make professional sales presentations and win new business.
"Supporting ambitious Northern Ireland businesses like BM Steel to identify new export markets... is the main aim of the support we offer.