11/12/2008
Trailer Deal Praised
There was a spot of good commercial news this week as Invest Northern Ireland Chief Executive Leslie Morrison welcomed the announcement by Dungannon-based Chieftain Trailers Ltd of an export deal worth €5 million.
Chieftain designs and manufactures a range of trailers, low-loaders, bowsers and forklift machinery for various sectors, including commercial, agriculture, materials handling and rail freight.
The landmark deal, the biggest in the company's 25 year history, will see Chieftain supply 100 trailers for agricultural and commercial use in eastern Europe.
Invest NI has offered significant financial assistance to the company in recent years, assisting it develop new products and expand into new high-tech premises.
Congratulating the company during a visit to its Dungannon plant, Mr Morrison said: "This major export contract for Chieftain is a result of the company’s commitment to innovation in both new product development and manufacturing methods.
"This has enabled Chieftain to carve out lucrative commercial opportunities for itself and seize upon them, while also maximising achievable profit margins," he said.
(BMcC)
Chieftain designs and manufactures a range of trailers, low-loaders, bowsers and forklift machinery for various sectors, including commercial, agriculture, materials handling and rail freight.
The landmark deal, the biggest in the company's 25 year history, will see Chieftain supply 100 trailers for agricultural and commercial use in eastern Europe.
Invest NI has offered significant financial assistance to the company in recent years, assisting it develop new products and expand into new high-tech premises.
Congratulating the company during a visit to its Dungannon plant, Mr Morrison said: "This major export contract for Chieftain is a result of the company’s commitment to innovation in both new product development and manufacturing methods.
"This has enabled Chieftain to carve out lucrative commercial opportunities for itself and seize upon them, while also maximising achievable profit margins," he said.
(BMcC)
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