A Co Tyrone-based manufacturing firm has secured multimillion-pound contracts to export its recycling machinery to Saudi Arabia.
Kiverco, headquartered in Brocagh, close to the Lough Neagh shore, is a family-owned business which designs and delivers recycling plants that process, separate and recover waste in a range of sectors.
Its machinery is used at around 300 recycling plants in the UK and more than 400 sites globally.
The company said it is experiencing high demand for its products in Saudi Arabia, where there is heavy investment in infrastructure and sustainable waste management.
It efforts to access the middle-eastern market has been supported by a government backed UK Export Finance package, worth £350,000.
Kiverco said the new contracts will boost revenues and support 100 local jobs.
Managing director John Irwin, said: “Kiverco has been delivering innovative, bespoke recycling plant for over 30 years and is UK market leader in the C&D (construction and demolition) sector.
“Kiverco growth strategy will only be delivered by expanding export markets. Partnering with UK Export Finance has already proven to be extremely beneficial in helping secure orders.”
Elizabeth McCrory, export finance manager for Northern Ireland, added: “Our export insurance offer can make a big difference to businesses looking to deliver ambitious overseas contracts – it offers a level of assurance that can help exporters to focus on delivering extraordinary work which grows their business.
“Kiverco is a great example of a company realising its potential through international trade: the kind of company which will be key in the UK’s efforts to promote sustainable exports that help our economy grow more and waste less.”
