12 June 2018
CDE Global are delighted to be ranked with some of the UK’s leading private businesses in the 2018 Sunday Times HSBC International Track 200 list. With an increase in export sales of 38% in the last two years, CDE Global has been ranked 130th in this year’s league, an improvement from 171st position in 2017. This is the second consecutive year in which CDE Global has made the list, with the company continuing to expand its international offering in 2018 with the opening of a new North American Headquarters in Cleburne, Texas.
Now in its ninth year, the Sunday Times HSBC International Track 200 is a league table that ranks the fastest-growing UK mid-market private companies in terms of international sales. CDE was among only three companies from Northern Ireland to make the list (along with Decora and mac-group), with combined international sales of £147m over the last two years between the three organisations.
This announcement is further recognition of the great strides being made at CDE Global, with the company celebrating 10 years as a Deloitte Best Managed Company recently (the only Northern Ireland company to do so), while last month (May) also saw CDE pick up the coveted Manufacturer of the Year (£25m+) at the Made in Northern Ireland Awards.
Stellar Growth
Commenting on CDE’s extraordinary growth, Marc Jennings, Chief Executive Officer, said: “Our recent performance is a testimony to the strength, determination, culture, and resilience of our team, who has skilfully navigated a path through the recession since 2008.
“A commitment to our strategic goals underpinned by a strong focus on Innovation has delivered value to our customers across five industry sectors on a global basis and we are delighted that the outlook remains positive as we concentrate our collective efforts towards the delivery of our 2020 Vision.”
Expanding Reach
To support its ambitious long-term growth projections, CDE has recently invested in a 300,000 sq. ft. world-class fabrication facility in Monkstown, which will complement its current supply base and ensure that its fabrication resource meets future requirements.
With demand anticipated to double by the end of 2020, this additional facility complements the existing Northern Ireland supply base and enhances employment in the Monkstown area where a tradition of engineering has existed for many years.
With new CDE headquarters being completed in the fourth quarter of 2018, this is going to be an exciting time for the company as it will produce high quality job opportunities across the company’s various divisions.
Creativity, Resilience, and Ambition
Amanda Murphy, Head of Commercial Banking, HSBC UK, commented: “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.”
At CDE, the future is bright and the company looks forward to turning new challenges into new opportunities and to continue to improve and provide the best expertise and customer service in the field.