Heating and cooling systems manufacturer Green Resource Engineering has secured a £1.8m export contract with a South Korean firm.
GRE will provide industrial cooling systems to LS Electric, in a deal the Devon-based firm said would increase its annual turnover by 17.5%.
The company, which employs around 40 staff at its production site in Willand near Cullompton, said it had secured a £680,000 funding package in order to facilitate the agreement.
