Engineering firm Dyer Engineering aims to boost turnover by 50% within two years as it counts success from the region’s biggest inter-trading and networking event.
The Stanley-based business was one of the first companies to commit as an exhibitor at the inaugural Durham Oktoberfest in 2008 and has been involved every year since.
Preparing to exhibit for a seventh year running, the 120-strong company said it directly attributes three new clients and dozens of business leads to the event, contact wins it said will help grow current turnover of £8m to £12m by 2016.
Dyer Engineering’s financial director Richard Bradley said: “Our region has so many strengths within the fields of engineering and manufacturing and Durham Oktoberfest is the perfect platform to showcase them and to give our companies the chance to shout about what they do.
“It’s also the ideal opportunity to meet potential clients and that’s why we come back year after year. We know we can talk to companies who are genuinely interested in what we do and want to find out more about our business and how we can work together.
“We are proof the event works. Over the last six years we have added three new customers to our portfolio as well as made many positive business leads and this year we are hoping to add to that.”
Dyer Engineering works with companies across the country in a range of engineering disciplines, including fabrication and welding, specialist coatings and assembly, rapid response engineering and component manufacture.
Bradley is also urging other SMEs to get involved in Durham Oktoberfest, which will feature some of the North East’s biggest employers including Ebac, Heerema, Northumbrian Water and Parker Hannifin, who are registered for Meet the Buyer, while exhibitors include Hiatco, the Bignal Group, Eastern Seals, Inspection and Engineering Services (IES) and Microbac Ltd, as well as Dyer Engineering.
He added: “If you’re a growing company that wants the chance to meet some of the area’s most established businesses and organisations, I would encourage you to register for Durham Oktoberfest. It’s the most direct way to put yourselves on their radar and as everyone who attends is there because they have a genuine desire to meet potential suppliers, the chances are you’ll come away with tangible leads just like we have.”
This year’s Durham Oktoberfest, which is organised by Durham’s engineering forums in the north, south and east of the county, takes place on Thursday, October 23, at the Xcel Centre in Newton Aycliffe, County Durham.