Invest Northern Ireland Chief Executive Leslie Morrison praised Powerscreen International today for its achievements in international markets.
Mr Morrison was speaking following the announcement that the Dungannon engineering company had gained Invest NI’s Northern Ireland Exporter of the Year Award in recognition of its 20 per cent growth to achieve export business worth £57 million last year.
He said: “Powerscreen International is an outstanding success story and a major player in an engineering sector that continues to drive Northern Ireland exports forward.
“It is demonstrating that a manufacturer of heavy machinery can be competitive even in distant markets such as China and India by investing continually in innovation, quality and international marketing. As a result of this commitment, Powerscreen is now the market leader in screening, recycling and quarrying operations and has equipment operating in 40 countries.
“It is also significant that two other companies in this important engineering cluster - CDE Ireland in Cookstown and Fintec, Ballygawley also received awards. The awards, in addition, recognise the growing influence of companies in tradeable services such as computers and consultancy. Our trade team will continue to develop programmes and initiatives that will encourage companies in all sectors to achieve faster growth through a greater engagement in the global marketplace,” he added.
Around 100 directors and senior managers from local companies attended the Northern Ireland Exporter of the Year event in the Long Gallery, Stormont Buildings. Four companies received category awards:
Powerscreen International - Overall Exporter of the Year;
Stirk Lamont Associates, Belfast - First Time Exporter of the Year Award;
CDE Ireland, Cookstown - Small Business Exporter of the Year; and
MJM Group, Newry - New Market Entry Export Award.
In addition, four companies received commendations. Fintec, Ballygawley and Wright Group, Ballymena in the Northern Ireland Exporter of the Year category; Vector International of Craigavon in the First Time Exporter of the Year category; and Kestrel Foods, also Craigavon, in the Small Business Exporter of the Year Award.
The awards, which are based on export performance over a period of three years to the end of 2004, were judged by an independent panel headed by Frank Hewitt, Chief Executive of the Northern Ireland Chamber of Commerce and Industry, and comprising Brenda Morgan, BMI Regional Sales Manager, and Cecil Russell, HSBC.