FM Environmental Announces Grand Deal
Enterprise Trade and Investment Minister Jonathan Bell has announced that Newry based FM Environmental has won a significant contract with Grand Central Station in New York.
Announcing the project at Grand Central Station at the end of a week-long visit to the US, Jonathan Bell said: “This is an impressive development for a very ambitious Northern Ireland company. FM Environmental identified the US as a target market for its Grease Guardian products and took the strategic decision to open a US office to enable it to capitalise on the emerging business opportunities.
“This commitment has certainly paid off. In the first 12 months, the company has successfully installed its products in over 300 different locations across the US, and can now include the magnificent Grand Central Station on its long list of customers.
“This is an excellent example of how a growing Northern Ireland company can prosper in a global market with the right focus and investment. I hope this deal will act as a springboard for FM Environmental to generate even more business here in New York, and beyond.”
FM Environmental established its New York headquarters in 2014, and this latest contract adds to their existing business with leading US fast-food restaurants and coffee houses.
Over the last number of years, the company has invested in innovative products and services that differentiate it from its competitors. It has also identified key export markets including Russia, Malaysia, Australia and Mexico.
Invest NI has offered the company £50,000 of support to assist it with its export growth plans, including market development activities, IT support and the creation of two new jobs.
Des Murphy from Grease Guardian USA said: “Our Grease Guardian technology allows restaurants, hotels, airports and other major industries to comply with regulations for the disposal of waste.
“Our product has been upgraded and developed to a range of models in recent years and Invest NI assistance has helped us to enhance our offering to suit particular markets such as the US and Asia.
“Initially, we did our research which allowed us to gain information about the steps we would have to take to enter the US market and as a result, identified a gap in the US market for our Grease Guardian grease trap products.
“We have been on a number of Invest NI trade missions and are starting to reap the benefits of all our hard work, with significant new business being signed in this market. We now hope to continue to develop relationships in the US which will be vital to our future exporting success.”