25/11/2002

UPU wins through commitment to innovation

Economy Minister Ian Pearson has congratulated UPU Industries on gaining a commendation in the Best New Exporter category in the competition run by Trade Partners UK, the main UK trade promotion body.

The company employs 47 people in the manufacture of polypropylene baler twine and a unique high-density polyethylene net wrapping for crop harvesting.

Commenting on the company's success, the Minister said: “UPU Industries is an excellent example for other small to medium-sized companies in Northern Ireland seeking a route to profitable growth in today’s tough business conditions.

“In a relatively short space of time – just six years – UPU has achieved national recognition and international success as an innovator in providing an effective solution to enable customers to harvest and store difficult crops such as hay, straw and silage cost-efficiently and faster - important benefits for farmers facing intense pressure on margins.

“The company, furthermore, is seeking to sustain its competitive position by adding further value to the business. It is investing in knowledge – new technology, in links with Queen’s University, Belfast and in its people – to increase productivity and provide further benefits for customers.

“This is a progressive company with a clear strategic approach that is sharply focused on further growth through exports, a commitment now recognised in the International Business Awards.”

Mr Pearson was met by Philip Orr, Managing Director, and Mark Weir, Financial Director of UPU Industries. The Minister also met other members of the management team and workers during a tour of the plant in Quillyburn Business Park.

The company, which has invested over £4 million to create Europe's most technologically advanced plastics manufacturing factory in Dromore exports over half of its annual output of netwrap products and baler twine to customers in 26 countries.

(MB)

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