Menu
26/10/2011
Moyola Wins Airbus Contract
A local NI business has been engineering success with news that Castledawson-based Moyola Precision Engineering has secured an important deal in Austria following a range of support from Invest Northern Ireland.
Moyola designs and manufactures complex and highly detailed components primarily for the aerospace industry.
The contract secured with Austrian aeronautics firm FACC will see Moyola provide two high value complex components per aircraft for the construction of the Airbus A380, the world's largest passenger aircraft.
Invest NI's Dusseldorf office identified this business opportunity and organised a meeting between FACC and Moyola during the prestigious Paris Air Show in June 2011.
Moyola benefited from this tailored in-market support as well as exhibition advice through participating on the Invest NI group stand at the Paris Air Show. Invest NI's advice on export trade and marketing activities has also helped Moyola to successfully enter the European aerospace sector.
Tracy Meharg, Invest NI's Managing Director of Innovation and Capability Development, said: "Moyola Precision Engineering is an enterprising firm with strong growth ambition. Support from Invest NI has helped the company to explore new market opportunities and to secure this prestigious contract.
"FACC works for all major aircraft manufacturers and demands the highest standard of engineering expertise from its suppliers under extremely pressurised timescales. This contract win demonstrates FACC's confidence in Moyola's excellent skills and technical capabilities," she said.
"In the present economic climate it is even more important for businesses to remain focused on exports and the value of our trade advice particularly in-market can be a key ingredient in success. As part of our Boosting Business initiative Invest NI is proactively helping firms to increase their presence in overseas markets."
Mark Semple, Managing Director of Moyola Precision Engineering, said: "Securing this contract with FACC represents a significant milestone in our business development strategy. We are optimistic that success in this initial contract may lead to further opportunities with this important customer.
"The support and advice we have received from Invest NI in recent years have made an important contribution towards our export success and we aim to capitalise on this experience to build our industry reputation and help us leverage future long-term supply contracts."
(BMcC/GK)
Moyola designs and manufactures complex and highly detailed components primarily for the aerospace industry.
The contract secured with Austrian aeronautics firm FACC will see Moyola provide two high value complex components per aircraft for the construction of the Airbus A380, the world's largest passenger aircraft.
Invest NI's Dusseldorf office identified this business opportunity and organised a meeting between FACC and Moyola during the prestigious Paris Air Show in June 2011.
Moyola benefited from this tailored in-market support as well as exhibition advice through participating on the Invest NI group stand at the Paris Air Show. Invest NI's advice on export trade and marketing activities has also helped Moyola to successfully enter the European aerospace sector.
Tracy Meharg, Invest NI's Managing Director of Innovation and Capability Development, said: "Moyola Precision Engineering is an enterprising firm with strong growth ambition. Support from Invest NI has helped the company to explore new market opportunities and to secure this prestigious contract.
"FACC works for all major aircraft manufacturers and demands the highest standard of engineering expertise from its suppliers under extremely pressurised timescales. This contract win demonstrates FACC's confidence in Moyola's excellent skills and technical capabilities," she said.
"In the present economic climate it is even more important for businesses to remain focused on exports and the value of our trade advice particularly in-market can be a key ingredient in success. As part of our Boosting Business initiative Invest NI is proactively helping firms to increase their presence in overseas markets."
Mark Semple, Managing Director of Moyola Precision Engineering, said: "Securing this contract with FACC represents a significant milestone in our business development strategy. We are optimistic that success in this initial contract may lead to further opportunities with this important customer.
"The support and advice we have received from Invest NI in recent years have made an important contribution towards our export success and we aim to capitalise on this experience to build our industry reputation and help us leverage future long-term supply contracts."
(BMcC/GK)
Related Northern Ireland News Stories
Click here for the latest headlines.
07 June 2018
NI Water Fined £40,000 For Pollution Offence
NI Water has been fined £40,000 after pleading guilty to a pollution offence in Co L'Derry. Water Quality Inspectors (WQIs), acting on behalf of the Northern Ireland Environment Agency (NIEA), inspected the Moyola River at the location where the Maghera Wastewater Treatment (WwTW) discharges to the Moyola River in February last year.
NI Water Fined £40,000 For Pollution Offence
NI Water has been fined £40,000 after pleading guilty to a pollution offence in Co L'Derry. Water Quality Inspectors (WQIs), acting on behalf of the Northern Ireland Environment Agency (NIEA), inspected the Moyola River at the location where the Maghera Wastewater Treatment (WwTW) discharges to the Moyola River in February last year.
24 March 2011
Design Company Wins Major Contract With International Hostel Group
Glengormley-based design company Off The Wall Creations has secured a major contract in Dublin with Generator Hostels with support from Invest Northern Ireland. Off The Wall Creations specialises in the design and installation of bespoke wallpaper and wall graphics for domestic and commercial premises.
Design Company Wins Major Contract With International Hostel Group
Glengormley-based design company Off The Wall Creations has secured a major contract in Dublin with Generator Hostels with support from Invest Northern Ireland. Off The Wall Creations specialises in the design and installation of bespoke wallpaper and wall graphics for domestic and commercial premises.
28 May 2013
Cookstown Company Secures Brazil Contract
A Cookstown company that specialises in waste reduction and recycling equipment has secured a major contract in Brazil. CDEnviro in County Tyrone secured its first major contract in the country following a trade mission organised by Invest Northern Ireland.
Cookstown Company Secures Brazil Contract
A Cookstown company that specialises in waste reduction and recycling equipment has secured a major contract in Brazil. CDEnviro in County Tyrone secured its first major contract in the country following a trade mission organised by Invest Northern Ireland.
14 May 2002
Body of missing man found in Moyola river
The Police Service of Northern Ireland are investigating the death of a young man whose body was recovered from a river in County Londonderry. Barry John McBride, 21, from Cloane Road in Draperstown was last seen late on Sunday night at St Patrick's Street in the town.
Body of missing man found in Moyola river
The Police Service of Northern Ireland are investigating the death of a young man whose body was recovered from a river in County Londonderry. Barry John McBride, 21, from Cloane Road in Draperstown was last seen late on Sunday night at St Patrick's Street in the town.
21 November 2006
Local firm wins major contract with support from Invest NI
Moira based firm McMullen Architectural Systems Ltd, has won a prestigious £13 million contract as part of the redevelopment of The Arsenal’s Highbury Stadium, in London. The new development is a collection of studios, apartments and penthouses set within the Art Deco surroundings of the former Stadium.
Local firm wins major contract with support from Invest NI
Moira based firm McMullen Architectural Systems Ltd, has won a prestigious £13 million contract as part of the redevelopment of The Arsenal’s Highbury Stadium, in London. The new development is a collection of studios, apartments and penthouses set within the Art Deco surroundings of the former Stadium.
-
Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
