Pictured at Anaconda are Enterprise Minister Arlene Foster and Alastair Forsyth, Managing Director.
Enterprise Minister Arlene Foster has announced Cookstown company Anaconda Equipment International’s first export order in Canada.
The Minister announced the £150,000 contract for materials handling equipment, won by Anaconda, in advance of her investment and trade visit to Toronto.
The company is supplying tracked screening equipment to customers in Toronto and Montreal. This is the latest in a series of export successes won by the Tyrone engineering company.
Arlene Foster said: “This is an important contract which positions the company in a market that offers substantial growth potential in major industries such as mining and quarrying. Canada has vast mineral deposits which present tremendous opportunities for screening and conveying machinery.
“This initial business in Canada positions the company for further growth in one of its most important target markets.”
During her visit to Canada the Minister will promote Northern Ireland tourism and encourage stronger trade and investment links between Canada and Northern Ireland. The Minister said: “Canada is a marketplace which has extremely close links with the UK and especially Northern Ireland. In Toronto I plan to promote tourism and meet business leaders to encourage closer trade and investment links across a range of industrial sectors. ”
Alastair Forsyth, Anaconda’s Managing Director, commenting on the new business in Canada, said: “We shipped our first consignment of screening machinery to our customers in Toronto and Montreal in January and expect further contracts in the near future because they’ve been impressed by the quality and functionality of the equipment. Our breakthrough in the Canadian market has been assisted by Invest NI programmes including trade missions to the US.
“Canada is another key market for us, offering great potential now and in the future. We are developing a network of distributors there to enable us to expand our business over the next few years. Currently, customers in the US and Canada provides around 40% of our business.”
Anaconda currently employs 30 people and exports to Europe, Africa, Australia, New Zealand and the Middle East, including Kurdistan.