28/10/2004
Kells textile firm rolls out £1.2m investment
A Co Antrim firm has announced plans to invest £2.1 million in improving its export market business.
Kells firm Francis Dinsmore Limited (FDL) said it would be investing the money "in innovative value-added fabrics and a new finishing process for export markets" with assistance from Invest NI.
Announced by Professor Terri Scott, Invest NI’s managing director of Clients and Entrepreneurship, and Barry Corrigan, FDL’s managing director, the investment will go towards new products that include ‘Allersafe’ - branded low allergy bedding aimed at asthma sufferers, and ‘Performa’, a branded waterproof/fire retardant finishing process for textiles marketed under the name Dinsmore Textile Solutions.
Professor Scott said: “This is an important strategic investment by FDL in technical textiles, a knowledge-led sector that is experiencing significant growth and offers substantial new business opportunities for the extensive expertise in fabrics and finishing processes which this company possesses.
“The company has effectively reinvented itself as a provider of textile solutions specialising in ‘intelligent’ products and services and moved away from high volume, low margin fabrics that are increasingly being supplied by manufacturers in lower cost regions.
“Companies that thrive today must be prepared to continually innovate and look to new markets, especially emerging markets overseas,” added Prof Scott.
“An important aspect of this investment is the introduction of new technology that will move the company closer to existing and potential customers. Specifically, FDL will be able to develop its global capability thanks to a new online ordering facility."
The firm's www.allersafe.co.uk will allow Allersafe products to be purchased direct from anywhere in the world.
Francis Dinsmore Ltd currently employs 47 at the Kells facility in Co Antrim and 11 at a subsidiary operation at Meltham, West Yorkshire.
(SP/MB)
Kells firm Francis Dinsmore Limited (FDL) said it would be investing the money "in innovative value-added fabrics and a new finishing process for export markets" with assistance from Invest NI.
Announced by Professor Terri Scott, Invest NI’s managing director of Clients and Entrepreneurship, and Barry Corrigan, FDL’s managing director, the investment will go towards new products that include ‘Allersafe’ - branded low allergy bedding aimed at asthma sufferers, and ‘Performa’, a branded waterproof/fire retardant finishing process for textiles marketed under the name Dinsmore Textile Solutions.
Professor Scott said: “This is an important strategic investment by FDL in technical textiles, a knowledge-led sector that is experiencing significant growth and offers substantial new business opportunities for the extensive expertise in fabrics and finishing processes which this company possesses.
“The company has effectively reinvented itself as a provider of textile solutions specialising in ‘intelligent’ products and services and moved away from high volume, low margin fabrics that are increasingly being supplied by manufacturers in lower cost regions.
“Companies that thrive today must be prepared to continually innovate and look to new markets, especially emerging markets overseas,” added Prof Scott.
“An important aspect of this investment is the introduction of new technology that will move the company closer to existing and potential customers. Specifically, FDL will be able to develop its global capability thanks to a new online ordering facility."
The firm's www.allersafe.co.uk will allow Allersafe products to be purchased direct from anywhere in the world.
Francis Dinsmore Ltd currently employs 47 at the Kells facility in Co Antrim and 11 at a subsidiary operation at Meltham, West Yorkshire.
(SP/MB)
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