Menu
30/03/2007
Redbay Boats float high on export orders
Cushendall based Redbay Boats has recently announced the securing of orders from Russia, the Faroe Islands and Norway for their innovative fibreglass boats and orders from Sweden and South Africa are currently being negotiated.
Redbay has been working closely with Invest NI on R&D projects aimed at developing innovative new products and assisting with marketing activities which have been key to the company’s export success.
Tom McLaughlin, Managing Director of Redbay Boats, said: “Redbay Boats has benefited enormously from the range of support provided by Invest NI. Our expertise coupled with the support of Invest NI has allowed us to incorporate lean manufacturing techniques and develop innovative new products that have delivered substantial benefits.
“Our turnover is on target to increase by 70% over the next three years. Exports have increased dramatically - we have already secured orders with customers in RoI, Bermuda, Norway & the Isle of Man – and by 2009, we are confident that 75% of our business will be external to Northern Ireland. The latest contracts in Russia, Norway and the Faroe Islands have really reinforced the importance of innovation and how it has helped to deliver success in even the most competitive export markets.’’
Des Gartland, Manager of Invest NI’s North Eastern Regional Office, says: “Working with the regional office in Ballymena has helped Redbay Boats to access the full range of Invest NI support and advice, including new product development, marketing and participation at trade shows.
“In particular, R&D assistance has opened up new market opportunities for Redbay making the company more competitive. We are delighted to see the positive impact these changes have had on the company’s turnover and export sales.’’
Redbay Boats has been building high quality boats at their premises in Cushendall since 1977.
The company is one of the top fibreglass boat manufacturers in the UK and have developed a number of new products over the past few years, including the successful Stormforce range of Rigid Inflatable Boats (RIB).
(SP/JM)
Redbay has been working closely with Invest NI on R&D projects aimed at developing innovative new products and assisting with marketing activities which have been key to the company’s export success.
Tom McLaughlin, Managing Director of Redbay Boats, said: “Redbay Boats has benefited enormously from the range of support provided by Invest NI. Our expertise coupled with the support of Invest NI has allowed us to incorporate lean manufacturing techniques and develop innovative new products that have delivered substantial benefits.
“Our turnover is on target to increase by 70% over the next three years. Exports have increased dramatically - we have already secured orders with customers in RoI, Bermuda, Norway & the Isle of Man – and by 2009, we are confident that 75% of our business will be external to Northern Ireland. The latest contracts in Russia, Norway and the Faroe Islands have really reinforced the importance of innovation and how it has helped to deliver success in even the most competitive export markets.’’
Des Gartland, Manager of Invest NI’s North Eastern Regional Office, says: “Working with the regional office in Ballymena has helped Redbay Boats to access the full range of Invest NI support and advice, including new product development, marketing and participation at trade shows.
“In particular, R&D assistance has opened up new market opportunities for Redbay making the company more competitive. We are delighted to see the positive impact these changes have had on the company’s turnover and export sales.’’
Redbay Boats has been building high quality boats at their premises in Cushendall since 1977.
The company is one of the top fibreglass boat manufacturers in the UK and have developed a number of new products over the past few years, including the successful Stormforce range of Rigid Inflatable Boats (RIB).
(SP/JM)
Related Northern Ireland News Stories
Click here for the latest headlines.
04 March 2024
'Deeply Concerning' DoH Has Ended Nexus NI Contract – SF
Sinn Féin has said that it is "deeply concerning" that the Department of Health has ended the contract of Nexus NI for specialist counselling services. Linda Dillon MLA said: "I am deeply concerned that the Department of Health has ended the contract of Nexus NI for specialist counselling services for victims of sexual abuse and violence.
'Deeply Concerning' DoH Has Ended Nexus NI Contract – SF
Sinn Féin has said that it is "deeply concerning" that the Department of Health has ended the contract of Nexus NI for specialist counselling services. Linda Dillon MLA said: "I am deeply concerned that the Department of Health has ended the contract of Nexus NI for specialist counselling services for victims of sexual abuse and violence.
01 March 2024
Power NI Announces New 6.3% Price Decrease
Power NI has announced a new 6.3% decrease in its residential unit price, following a fall in wholesale market costs. This is the fourth consecutive decrease for the supplier and will take effect from 1 April 2024, meaning that customers on average will make further savings of £64 per year.
Power NI Announces New 6.3% Price Decrease
Power NI has announced a new 6.3% decrease in its residential unit price, following a fall in wholesale market costs. This is the fourth consecutive decrease for the supplier and will take effect from 1 April 2024, meaning that customers on average will make further savings of £64 per year.
29 February 2024
Economy Minister Welcomes Increase In Southern Visitors To NI
Economy Minister, Conor Murphy, has welcomed a recorded increase in the number of visitors to NI from the Republic of Ireland. The latest visitor statistics from the Central Statistics Office (CSO), show a very strong performance on trips, nights and spend by Republic of Ireland residents in Northern Ireland in the first nine months of 2023.
Economy Minister Welcomes Increase In Southern Visitors To NI
Economy Minister, Conor Murphy, has welcomed a recorded increase in the number of visitors to NI from the Republic of Ireland. The latest visitor statistics from the Central Statistics Office (CSO), show a very strong performance on trips, nights and spend by Republic of Ireland residents in Northern Ireland in the first nine months of 2023.
28 February 2024
PAC Group To Create New Jobs With £1.3m Expansion
Belfast's PAC Group has announced that it will create new jobs with a £1.3 million investment in its engineering operations. The expansion follows export contract wins of £2.
PAC Group To Create New Jobs With £1.3m Expansion
Belfast's PAC Group has announced that it will create new jobs with a £1.3 million investment in its engineering operations. The expansion follows export contract wins of £2.
13 February 2024
NI Fastest Growing UK Region For New Companies
Northern Ireland was the fastest-growing region of the UK for newly registered companies in 2023, according to a new index from Ulster Bank and Beauhurst. The New Startup Index highlights how in 2023 Northern Ireland gained 14,000 new companies, a 59% increase on 2022.
NI Fastest Growing UK Region For New Companies
Northern Ireland was the fastest-growing region of the UK for newly registered companies in 2023, according to a new index from Ulster Bank and Beauhurst. The New Startup Index highlights how in 2023 Northern Ireland gained 14,000 new companies, a 59% increase on 2022.
-
Northern Ireland WeatherThis Evening and Tonight:Showers will gradually die out during the evening. A cold night with long clear spells leading to a touch of frost in places. Light winds. Minimum temperature 0 °C.
