MALLUSK-BASED electrical engineering company BI Electrical Services is to create 26 new jobs.
The company is increasing its workforce as part of an expansion drive to the Asia Pacific, Saudi Arabia and the United Arab Emirates (UAE).
Announcing the jobs boost ahead of a three-day trade development mission to the UAE, Enterprise Minister Arlene Foster said: “BI Electrical are to be congratulated on the expansion of their business into new markets in Asia Pacific and the Gulf States, and the creation of 26 new jobs.
“BI Electrical joins an increasing number of local companies who recognise the importance of looking beyond local markets to take advantage of the opportunities that exist across the globe.”
Invest NI has offered the business more than £49,000 of marketing assistance to help it secure new customers in its target markets.
Ian Humphreys, who founded BI Electrical in 1989, believes that despite the significant challenges faced by the electrical engineering sector, opportunities exist locally and globally for the high quality electrical engineering services provided by his company.
“This year has been a remarkable period of growth for BI Electrical Services, allowing us to strengthen our local operations and to explore opportunities in the global markets,” he said.
The expansion plans come on the back of a report by industry analysts Plimsoll, who named BI Electrical Services as one of the top-performing UK companies consistently across sales growth, best trading partners and pre-tax profit margin. The company’s turnover was £7.8m in 2011 and is expected to grow to £12m by the end of this financial year.
The firm, specialists in commercial and industrial electrical installation, will be creating the 26 new jobs at its Michelin Road facility.
Welcoming the job creation announcement, South Antrim MLA David Ford commented: “This is a good news story for Newtownabbey. It is very positive to see a local firm looking to international markets in order to expand and create local jobs.
“During these tough economic times, it is very welcome to see local companies, such as BI Electrical, building international partnerships. As elected representatives, we must do all we can to engage with and support ventures like this.
“We must encourage local companies to take advantage of overseas markets and make sure there is support to identify opportunities.”