Daver Steels has clinched a major contract to supply structural steel components for the refurbishment of a FIFA 2014 Football World Cup stadium in Brazil, with backing from Yorkshire Bank.
Sheffield-based Daver won the £122,000 order to supply 1,500 tension tie rod systems through Italian structural steel company Cimolai with the help of its Italian-born business development manager, Marco Calvello.
Daver Steels, which was founded in 1996, has 28 staff and a £4 million turnover and has been targeting increased exports with Mr Calvello’s help and with export funding from the bank.
Managing director John Pritchard said: “This is a welcome order for us.
“We won against tough global competition because we were able to change designs and manufacture very quickly.
“The order helps secure jobs at our company and also among our local suppliers. Although we operate internationally, this is our first contract in Brazil and we are hopeful of more, including for other stadia being refurbished for this tournament.
“The domestic market has been quieter for the last few years which led us to step up our export initiatives to compensate.
“The provision of export funding from Yorkshire Bank allows us to compete for larger export orders by being able to research potential customers and provide credit insurance.”
Steve Wicks, Yorkshire Bank commercial banking relationship manager, said: “This order shows that, as well as Sheffield having world-beating athletes, the city also has world-beating specialist manufacturers which can help deliver global sporting events.
“Exporting is an important way forward for UK businesses and we’re pleased to support a high-quality manufacturer such as Daver Steels”
Daver Steels recently supplied components for three prestigious projects in New York, involving Madison Square Gardens, The New York Times building and Columbia University. The company also worked in South Africa, on the Nelson Mandela Stadium, used in the last World Cup.