CDE Ranks Among UK’s Fastest Growing Companies
The Cookstown-based manufacturer has secured its ranking amongst the UK companies with the fastest growing international sales for the third consecutive year.
The league table ranks the UK’s mid-market private companies with the fastest-growing international sales. CDE is one of only three companies headquartered in Northern Ireland listed on the league table, said the company in a statement.
In the last two years, CDE has increased its annual international sales by 38%. Its international sales accounted for over three-quarters (76%) of the company’s total sales in the year ending December 2018, it added.
Securing its place in the league table for the third consecutive year is testament to the pioneering solutions engineered by CDE, explained MD, Brendan McGurgan.
“At the core of CDE’s international operations is a commitment to providing cutting-edge solutions to our growing list of global customers. Leveraging the latest in technology and engineering techniques our world-class team continue to innovate and lead the market, adding greater value to customers and their bottom line.
“This recognition comes during a period of significant growth as we continue to reinvest in the company. Last year, we opened our North America Headquarters in Cleburne, Texas, to gain greater foothold in the market in North and South America. In the coming weeks we will officially open our new global headquarters in Mid-Ulster.”
Amanda Murphy, head of commercial banking, HSBC UK, commented: “We at HSBC UK are delighted to back The Sunday Times International Track 200 again this year. All the businesses it showcases have truly inspiring stories to tell about creativity, resilience and ambition to succeed. The three companies in Northern Ireland are the kinds of enterprises we are thrilled to support and that provide the backbone of our economy, today and tomorrow.”