Typerite Wins £100,000 Contract in Nordics with Invest NI Assistance
Typerite in Warrenpoint has won new business in excess of £100,000 in the Nordics for its thermal transfer ribbons.
Northern Ireland’s sole producer of thermal transfer ribbons, Typerite currently exports to 42 countries and has used a range of Invest Northern Ireland trade support programmes, including participation in targeted trade shows abroad. It won this latest business following participation in an Invest NI trade mission to the Nordics.
Welcoming Typerite’s latest success in export markets Dr Vicky Kell, Invest NI Trade Director, said “These encouraging contracts give Typerite a solid foothold within its industry and positions the company for further growth within its sector.
“The company has taken part in our trade mission programme, and we’ve assisted it to exhibit products at major sector exhibitions worldwide including Labelexpo in Brussels, the world’s largest event for the label industry.”
Michael Barlow, Typerite Director, said: “Invest NI’s support has been invaluable over the years and has enabled the company to expand its international markets.
“We have been exhibiting at Labelexpo for a number of years with the assistance from Invest NI. The last exhibition in September 2013 proved to be extremely successful. We received firm enquiries and orders from as far afield as Russia, Middle East, Australia, New Zealand and Europe.
“This has led to visits from existing customers, enquiries from potential clients and securing a lucrative contract with the largest label manufacturer in Australia,” he added.
Exports now account for 93 per cent of its business and remain a key focus. Typerite currently exports to 42 countries worldwide, Saudi Arabia and Australia being the largest export markets.
Typerite was established in 1985 and is a family run business. The company also manufactures hot stamping foil, cold foil, MICR (Magnetic Ink Character Recognition). Typerite also supplies Laser toners, inkjets, paper, till rolls, stationery, cash register ribbons and printers.