RUST PROOFER LANDS UAE DEAL

Written on the 18 August 2011

RUST PROOFER LANDS UAE DEAL

AUTOMOTIVE aftermarket manufacturer CouplerTec Electronic Rust Proofing has signed a distribution agreement with Bahrain-based motor dealer EK Kanoo.

The deal follows a meeting at the Automechanika Middle East Automotive Trade Manufacturer’s Super Show in Dubai.

CEO Garry Bell (pictured) says the company has now secured contracts with two major Toyota dealers in the Gulf. EK Kanoo is Bahrain’s largest Toyota dealership with more than 25,000 cars on the lot.

“It’s an unknown and emerging market but when you have that many vehicles in a holding yard corroding away with high humidity and salt, it becomes a problem,” says Bell.

With 35 staff and annual revenues tipping $3 million, the company holds patents in Australia and internationally for its capacitive coupling technology and has sold more than 500,000 systems throughout the world.

A new distribution agreement in the US for the company’s heavy duty commercial systems, designed to protect mining equipment, heavy machinery, trucks and buses has also been finalised.

Following trade missions with Austrade’s TradeStart initiative, Bell has also identified export prospects in Canada with one forward order for 10,000 of its packaged rust-proofing products.

“I’m a firm believer that if you want to succeed in business you must surround yourself with successful people,” says Bell.

He says the high Aussie dollar may have slightly hindered prospects, but he won’t be compromised.

“It’s something that all of my international people understand – I’m not going to substitute quality for price,” says Bell.

Domestically, the Burleigh Heads company is expanding with new deals for rust-proofing machinery and equipment in the mines for BHP and Rio Tinto.


Latest News

CROMWELL CALLS FOR FULL DISCLOSURE FROM INVESTA

CROMWELL Property Group (ASX:CRM) has claimed Investa Office Fund (ASX:IOF) has not disclosed material information ab...

FRAUD CAUSES SILVER CHEF PROFIT SLIDE

EQUIPMENT financier Silver Chef (ASX:SIV) has seen its half-year profit slide due to fraud.

The Brisbane company r...

MEGAPORT QUADRUPLES REVENUE AND INVESTS IN EXPANSION

MEGAPORT (ASX: MP1) increased revenue 345 per cent to $4.46 million in the six months to 31 December 2016, the com...

IN-STORE VETS BOOST GREENCROSS' PROFIT

GREENCROSS Limited (ASX: GXL) shares lifted 5 per cent in trading today after the Brisbane-based company posted a ...

Related News

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter