County Tyrone manufacturing company Nugent Engineering has announced a major partnership to export trailers to Norway in a deal worth in excess of £3.6m over the next three years.
Nugent Engineering is Ireland’s premier manufacturer of trailers, agricultural machinery and livestock equipment. The Dungannon firm will supply its range of commercial trailers to Tysse, Norway’s largest trailer manufacturer, enhancing the Norwegians’ current range by offering a fully welded chassis and Nugent patented parabolic suspension system.
Managing Director Shane Nugent remarked that the market for leaf spring suspension has grown steadily across the continent in the past number of years.
“I am delighted to announce this joint venture with a major manufacturer in Norway. This is a very encouraging development for a local company securing its place in the international marketplace. The interest in Nugent is increasing because Europe is fast becoming a market for high quality, robust trailers. Demand is showing a new generation of consumers, particularly in the Norwegian market, which has the highest number of trailers per capita due to its geography and rugged terrain.
“All of our trailers are manufactured at our Tyrone facility where we currently employ 78 staff. We are confident that this deal will dramatically increase our demand in Europe and, in turn, will lead to further job creation here in County Tyrone.
“I am certain that continuing our focus on product development and quality manufacturing will lead to further success for Nugent in export markets, which is key to the growth of the company.”
Kåre Stokken, Sales Manager for Tysse added that their new product series ‘Tysse BL’ will be available throughout Norway from 18th October 2017.
“We have an agreement to bring more models from Nugent to accommodate the growing demand for professional followers. Nugent has produced trailers for the professional market for over 30 years and satisfies Tysse’s strict quality requirements.”
The Nugent family has been manufacturing trailers and farm machinery in Galbally since 1985 and now exports across Europe, Australia and New Zealand.
A growing European network has seen the family owned and managed company open a new purpose built trailer production facility earlier this year, enabling further growth and job creation.