Contracts worth £6m per year and set to grow significantly.

Invertek Drives has secured new contracts with two major international automation companies to supply a full range of Optidrives (E2, P2 and HVAC) throughout the global operations of both companies.

The new contracts are worth £6million per year to Invertek and are set to grow significantly over the coming years.

Sales and Marketing Director, Rhydian Welson, says, "Investments in manufacturing, innovation and customer support facilities, together with commitment to product development and international marketing support, have been key factors in growing our global brand. The recent contract wins are evidence that our strategic approach to export sales is working!"

Established in 1998, Invertek is one of the fastest growing companies in Wales – it won the Technology Award at the Made in Wales Awards held last month in Cardiff, and leapt up 17 places in the Fast Growth 50 Awards which took place in September. The company's phenomenal growth has been spearheaded through exports to global markets and is set to continue at an ever increasing pace.

Attendance at SPS/IPC/Drives 2012 in Nuremburg, Germany, later this month provides an unparalleled opportunity for Invertek to showcase its latest product and software developments to the global drives industry. Invertek's 132 sq m stand will be used to display a wide range of products including Optidrive HVAC for fan and pump control in building services; Optiflow multiple pump control technology; the dedicated Elevator Optidrive; the latest OptiTools Studio diagnostics and drive commissioning software, the high performance Optidrive P2 range and the hugely successful Optidrive E2 general purpose drive.

Welson, continues, "Exhibiting at SPS has been a key part of our marketing strategy for many years and has proved very successful. We have increased the size of our stand each year, reflecting our continued global growth. We are constantly evolving and SPS offers an invaluable opportunity for further expansion."

As part of its continued drive to penetrate new markets, Invertek is launching a brand new website in time for SPS that will reflect its position as a global market leader. Users will be able to find all of the Optidrive specification and application information in one place, as well as case studies and latest news from the company's UK head office and international sales partners across the globe.