During a visit to the factory by East Antrim MP Sammy Wilson and Mayor of Mid and East Antrim Councillor Peter Johnston, Ryobi announced they have secured a significant new multi-million-pound contract with an emerging transmission supplier specializing in electrified drivetrains for the automotive market. Worth almost £15m annually, the deal will see the Carrickfergus manufacturer produce 150,000 clutch and transmission cases per year for new hybrid vehicles commencing 2023.
Press Release as follows:
Ryobi celebrates multi million pound contract win
Ryobi Aluminum Casting (UK) Ltd has secured a significant new multi-million pound contract with an emerging transmission supplier specializing in electrified drivetrains for the automotive market. Worth almost £15m annually, the deal will see the Carrickfergus manufacturer produce 150,000 clutch and transmission cases per year for new hybrid vehicles commencing 2023.
“This is an exciting project which was won against stiff competition from across mainland Europe. Ryobi’s growing reputation in the development of new technically challenging products is what sealed this deal after a lengthy bidding process. This is testament to the knowledge, creativity and skill of our engineers and the confidence our customers have in us to deliver good quality products on time.”
The announcement was made during a visit to the factory by East Antrim MP Sammy Wilson and Mayor of Mid and East Antrim Councillor Peter Johnston.
Mr Wilson said: “I am delighted with this significant investment in Ryobi, which is rightly regarded as one of Northern Ireland’s top manufacturing firms.
“I commend all of those at Ryobi for securing this much-sought-after contract which provides a very timely boost for our world-class manufacturing sector in Northern Ireland.”
“This is a great news story for Ryobi, Carrickfergus, Mid and East Antrim, and our country as a whole.”
The Mayor said: “This announcement is a ringing endorsement in Ryobi and Mid and East Antrim.
“Ryobi is a key member of our Manufacturing Taskforce, and its members continue to work very closely to identify and maximise all opportunities to grow the sector locally.”
“The company is a major employer in our borough and this move will secure approximately 70 highly skilled jobs, moving forward.
“The past year has seen our manufacturers operating in a hugely challenging financial environment. This investment provides hope for our economic recovery in Mid and East Antrim, and I congratulate Ryobi, which continues to demonstrate remarkable innovation, resilience and commitment.”
David Watson also expressed gratitude on behalf of all the local directors and employees to Ryobi’s Parent Company in Japan, who financially supported the £12m capital investment required to install state of the art manufacturing processes to produce these new products.
This new business will secure the jobs of around 70 highly skilled people and will run for at least the next 7 years. Ryobi currently employs almost 600 staff, making it one of the largest contributors to the economy in East Antrim.
Ryobi was established in Carrickfergus in 1990 to manufacture aluminum castings for the European automotive industry. Starting from humble beginnings supplying Ford Motor Company, it has grown substantially and now includes VW, Skoda, Peugeot Citroen, Jaguar Landrover, Magna and Ford within its expanding portfolio.
Delighted to welcome Mayor Councillor Peter Johnston to our Carrickfergus plant today.
Unfortunately, due to the Covid 19 pandemic we’ve had to postpone our planned 30 year anniversary celebrations.
However, this will be rescheduled when safe to do so, to mark our success and appreciation to all employees for developing the business to be one of the largest employers in the Mid & East Antrim Council area.
Managing Director David Watson was conferred as an Honorary Fellow by the Board of Governors of Northern Regional College (NRC).
Having joined one of Northern Ireland’s most successful exporters Ryobi Aluminium Casting (UK) Ltd in 2006, David Watson has since risen to the role of Managing Director.
Based in Carrickfergus, Ryobi is a true example of advanced manufacturing operating on a global scale. Founded in Japan over 70 years ago, it is a world leader in aluminium die casting. From its base here, it supplies a range of aluminium engine, transmission and structural car components for car manufacturers throughout Europe, with a customer list reading like a who’s who of the motor world: Jaguar Land Rover, Volkswagen, Peugeot Citroen and Ford.
With a headcount of some 550 and an annual wage bill of £18million, Ryobi is a huge asset to the local and wider Northern Ireland economy. Since 2012, the firm has invested over £50million in the plant, a sure sign of the confidence in its work.
Since establishing its Carrickfergus base in 1990, the business has grown and developed over the years, adapting to changing market conditions to maintain its competitive edge. For instance, it undertook a strategic review in the midst of the global economic downturn in 2008, switching its focus to high tech advanced manufacturing.
And David himself. With operational and executive experience with global names such as General Motors, Takata’s European Components Corporation, Magna-Donnelly and Wrightbus, as well as being a Chartered Engineer, a Fellow of the Institute of Engineering & Technology, a Fellow of the Institute of Cast Metal Engineers and a board member of the Centre for Competitiveness, I am sure you can agree that David’s rich and storied background more than speaks for itself.
Speaking to David, he says that talent and the support of education establishments such as Northern Regional College are the anchors which have allowed the company to grow. By working in partnership with the College in a number of ways and across a range of initiatives, such as apprenticeship training, student placements, factory visits, careers support and staff development, I have extremely proud to say that more than 500 Ryobi apprentices and team members have been able to benefit from bespoke training provided by the College – a monumental figure indeed.
We at the College place a strong emphasis on employability and business engagement, something which is continuing to thrive with the support of individuals like David. We are extremely grateful for the support and commitment both he and his wider team demonstrate in helping our students achieve their career goals. I have no doubt that we will continue to build upon our already strong working relationship with David and Ryobi for many years to come.