Typerite wins new business in Nordic markets
Typerite Ltd, Northern Ireland’s sole manufacturer of thermal transfer ribbons, has won significant business in Denmark and Norway following its participation in an Invest Northern Ireland trade mission.
The company, which is based in Warrenpoint and is an Invest NI client, has won contracts with several new customers for its thermal transfer ribbons and hot stamping foil. Thermal transfer ribbons are used for printing variable data onto labels, tags and tickets. Hot stamping foil is used for printing and embossing onto a variety of substrates such as greeting cards.
The trade mission to Norway and Denmark took place from 20-25 April and involved 15 Northern Ireland companies.
Michael Barlow, Director of Typerite, announced the new business in the Nordic countries and this was welcomed by Alan Hingston, Invest NI Trade Director.
Mr Barlow said: “The mission was extremely worthwhile as it allowed us to enter two new markets, where extensive research had already been carried out. Both markets have a large requirement for our products and with appointments already made with the key players, it allowed us to showcase our products with ease.
“While Northern Ireland business is important to Typerite, the company has long been focused on exports. We currently export to 60 countries worldwide so we have a wealth of experience of doing business outside Northern Ireland.”
Mr Hingston, commenting on Typerite’s success, said: “Denmark and Norway have traditionally been popular markets with our companies because both have particularly close links with the UK and have strong purchasing power. Many people, especially in business circles, are fluent in English.
“Furthermore, Denmark and Norway are ideal springboards to neighbouring markets such as Sweden, Finland, Latvia and Lithuania, which also offer significant export potential for local companies.
“Over many years, we’ve sought to help our companies to explore opportunities in the Nordic and Baltic regions by organising briefing workshops and missions, initiatives which have been well-supported by Northern Ireland companies in both manufacturing and tradeable services,” he added.
Established in 1985, Typerite currently exports to 60 countries. In 1991 the company achieved BSEN ISO 9001 European Quality standard, an added strength when exporting.
The company’s main export markets are Saudi Arabia, Australia, North America and Europe. In Northern Ireland and the Republic of Ireland. Typerite also supplies inkjets, laser toners and a wide range of till rolls to local businesses.