Menu
16/05/2006
High flying NI firms land in Berlin
As the first phase of a major initiative to target the European Aerospace Sector, Invest Northern Ireland is helping five leading precision engineering firms to exhibit at the Berlin Air Show this week.
The support is part of an Invest NI initiative aimed at strengthening the competitive position and global reach of local precision engineering firms, which service the aerospace sector.
With an estimated worth of over €16 billion in 2005 the German aerospace industry is ranked as the fourth largest in the world and offers many export opportunities for Northern Ireland businesses.
Invest NI’s Düsseldorf office has been actively involved in ensuring that local firms here will be able to fully exploit these opportunities and establish potential new business contacts not only in Germany but Eastern Europe as well.
Commenting on the importance of local company attendance at the show Kevin McCann, Director of Transport, Construction and Tourism at Invest NI said:
“By attending this event local companies here will be able to establish potentially lucrative new business contacts which will allow them to enhance both their current exporting capabilities and profit margins.
“The aerospace sector offers significant new business opportunities for those innovative companies able to meet its unique needs,” he said.
The German market encompasses the latest developments within the aerospace sector offering business opportunities for the subsystems and the sophisticated components involved in plane manufacture, as well as for those who supply the basic components.
It is anticipated that the event will further strengthen Northern Ireland’s aerospace sector which in 2005 had a turnover of £720 million, and currently employs over 7,000 people.
Bombardier Aerospace, Belfast; John Huddleston Engineering, Greyabbey; Langford lodge Engineering, Crumlin; Maydown Precision Engineering, Londonderry and Moyola Precision Engineering, Castledawson, will be attending the show with assistance from Invest NI.
(SP)
The support is part of an Invest NI initiative aimed at strengthening the competitive position and global reach of local precision engineering firms, which service the aerospace sector.
With an estimated worth of over €16 billion in 2005 the German aerospace industry is ranked as the fourth largest in the world and offers many export opportunities for Northern Ireland businesses.
Invest NI’s Düsseldorf office has been actively involved in ensuring that local firms here will be able to fully exploit these opportunities and establish potential new business contacts not only in Germany but Eastern Europe as well.
Commenting on the importance of local company attendance at the show Kevin McCann, Director of Transport, Construction and Tourism at Invest NI said:
“By attending this event local companies here will be able to establish potentially lucrative new business contacts which will allow them to enhance both their current exporting capabilities and profit margins.
“The aerospace sector offers significant new business opportunities for those innovative companies able to meet its unique needs,” he said.
The German market encompasses the latest developments within the aerospace sector offering business opportunities for the subsystems and the sophisticated components involved in plane manufacture, as well as for those who supply the basic components.
It is anticipated that the event will further strengthen Northern Ireland’s aerospace sector which in 2005 had a turnover of £720 million, and currently employs over 7,000 people.
Bombardier Aerospace, Belfast; John Huddleston Engineering, Greyabbey; Langford lodge Engineering, Crumlin; Maydown Precision Engineering, Londonderry and Moyola Precision Engineering, Castledawson, will be attending the show with assistance from Invest NI.
(SP)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
03 September 2012
Magellan Aerospace Acquisition Welcomed
Enterprise Minister Arlene Foster has welcomed the acquisition of John Huddleston Engineering Ltd (JHE) by Magellan Aerospace Corporation, a global aerospace company based in Canada. JHE, based in Greyabbey, Co. Down, is one of the leading UK precision engineering companies supplying the global aerospace and defence sectors.
Magellan Aerospace Acquisition Welcomed
Enterprise Minister Arlene Foster has welcomed the acquisition of John Huddleston Engineering Ltd (JHE) by Magellan Aerospace Corporation, a global aerospace company based in Canada. JHE, based in Greyabbey, Co. Down, is one of the leading UK precision engineering companies supplying the global aerospace and defence sectors.
25 July 2012
Foster Announces Major Investment By Moyola Precision Engineering
Enterprise Minister Arlene Foster today announced that Moyola Precision Engineering is investing £5.3million to strengthen its design and manufacturing capabilities to target complex aerospace components.
Foster Announces Major Investment By Moyola Precision Engineering
Enterprise Minister Arlene Foster today announced that Moyola Precision Engineering is investing £5.3million to strengthen its design and manufacturing capabilities to target complex aerospace components.
11 July 2016
New Collaboration Of Aerospace Launches In NI
A new collaboration in the world of Aerospace has launched in Northern Ireland. Causeway Aero will bring together BASE, Denroy Plastics, Moyola Precision Engineering, Dontaur Precision Engineering and Hutchinson Aerotech under one brand to offer a full design and manufacturing solution for international aerospace firms.
New Collaboration Of Aerospace Launches In NI
A new collaboration in the world of Aerospace has launched in Northern Ireland. Causeway Aero will bring together BASE, Denroy Plastics, Moyola Precision Engineering, Dontaur Precision Engineering and Hutchinson Aerotech under one brand to offer a full design and manufacturing solution for international aerospace firms.
27 November 2014
CM Precision Components Creates New Jobs To Support Export Growth
Downpatrick company, CM Precision Components Ltd, is creating five jobs in an investment that will support the firm's export growth. The advanced engineering company produces precision machined components for the automotive, materials handling and aerospace sectors.
CM Precision Components Creates New Jobs To Support Export Growth
Downpatrick company, CM Precision Components Ltd, is creating five jobs in an investment that will support the firm's export growth. The advanced engineering company produces precision machined components for the automotive, materials handling and aerospace sectors.
18 July 2014
Bombardier Commits To Aerospace Supply Chain SC21
Bombardier Aerospace, Belfast and B/E Aerospace (UK) in Kilkeel, County Down, have committed to the delivery of the UK aerospace and defence industry supply chain development programme, SC21. SC21 is a supply chain excellence programme that aims to influence best practice and help increase the competitiveness of aerospace and defence companies.
Bombardier Commits To Aerospace Supply Chain SC21
Bombardier Aerospace, Belfast and B/E Aerospace (UK) in Kilkeel, County Down, have committed to the delivery of the UK aerospace and defence industry supply chain development programme, SC21. SC21 is a supply chain excellence programme that aims to influence best practice and help increase the competitiveness of aerospace and defence companies.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
