30/03/2006
FG Wilson invest £47m in NI expansion
FG Wilson (Engineering) Ltd, is set to receive a £47 million investment boost, making it the global centre of excellence in research and manufacture of diesel and natural gas powered electrical generators for parent company, Caterpillar Inc.
The investment, which includes an offer of £12.2 million assistance from Invest NI, will provide the opportunity for the creation of 155 new jobs at the company's facilities at Larne, Springvale (Belfast) and Monkstown.
Announcing the investment at the company's Springvale plant, Enterprise Minister Angela Smith said: "Caterpillar's decision to re-invest in FG Wilson is a testament to the skills and abilities of the local workforce and management team.
"This investment will further enhance the company's status by strengthening its position as the centre of excellence for the manufacture of its electrical power generation products.
"FG Wilson's success shows that Northern Ireland companies can indeed become global leaders in the manufacturing sector. Having started off as a small, family run company 40 years ago, it now employs more than 3,000 people and exports over 90% of its output."
The re-investment programme will include the growth of the company's Engineering Centre of Excellence and further development of its lean manufacturing processes. It will also include enhanced training and development of staff, increased sales and marketing support to increase the company's market penetration in the Middle East, Europe and Africa, and the further enhancement of IS systems to improve operational effectiveness on a global basis.
Commenting on the re-investment programme Mark Sweeney, Managing Director of FG Wilson and Caterpillar Electric Power Division's Global Operations Director said: "Our goal is to make FG Wilson a global centre of excellence for manufacturing expertise, research and development and sales and marketing within Caterpillar's Electric Power Division. This investment is an important step along this road and will ensure that we continue to lead the electric power industry with a highly skilled, highly motivated team and world class products."
As one of Northern Ireland's leading export companies and consistently one of the UK's top 100 exporters, FG Wilson's products can be found in almost 180 countries worldwide.
The company is also one of Northern Ireland's largest employers with a workforce of over 3,000 people at the company's facilities in Larne, Springvale in Belfast and Monkstown.
(SP/KMcA)
The investment, which includes an offer of £12.2 million assistance from Invest NI, will provide the opportunity for the creation of 155 new jobs at the company's facilities at Larne, Springvale (Belfast) and Monkstown.
Announcing the investment at the company's Springvale plant, Enterprise Minister Angela Smith said: "Caterpillar's decision to re-invest in FG Wilson is a testament to the skills and abilities of the local workforce and management team.
"This investment will further enhance the company's status by strengthening its position as the centre of excellence for the manufacture of its electrical power generation products.
"FG Wilson's success shows that Northern Ireland companies can indeed become global leaders in the manufacturing sector. Having started off as a small, family run company 40 years ago, it now employs more than 3,000 people and exports over 90% of its output."
The re-investment programme will include the growth of the company's Engineering Centre of Excellence and further development of its lean manufacturing processes. It will also include enhanced training and development of staff, increased sales and marketing support to increase the company's market penetration in the Middle East, Europe and Africa, and the further enhancement of IS systems to improve operational effectiveness on a global basis.
Commenting on the re-investment programme Mark Sweeney, Managing Director of FG Wilson and Caterpillar Electric Power Division's Global Operations Director said: "Our goal is to make FG Wilson a global centre of excellence for manufacturing expertise, research and development and sales and marketing within Caterpillar's Electric Power Division. This investment is an important step along this road and will ensure that we continue to lead the electric power industry with a highly skilled, highly motivated team and world class products."
As one of Northern Ireland's leading export companies and consistently one of the UK's top 100 exporters, FG Wilson's products can be found in almost 180 countries worldwide.
The company is also one of Northern Ireland's largest employers with a workforce of over 3,000 people at the company's facilities in Larne, Springvale in Belfast and Monkstown.
(SP/KMcA)
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08 January 2009
Hundreds Of FG Wilson Engineering Jobs To Be Lost
More than 250 workers are to lose their jobs across four major engineering locations in Co Antrim.
Hundreds Of FG Wilson Engineering Jobs To Be Lost
More than 250 workers are to lose their jobs across four major engineering locations in Co Antrim.
14 September 2012
FG Wilson Job Losses 'Not Surprising' - Invest NI Head
The loss of 760 jobs at Larne company FG Wilson is disappointing but not surprising, the chief executive of Invest NI has said. Alastair Hamilton said that if he was in charge of the company, he would also have made the job cuts.
FG Wilson Job Losses 'Not Surprising' - Invest NI Head
The loss of 760 jobs at Larne company FG Wilson is disappointing but not surprising, the chief executive of Invest NI has said. Alastair Hamilton said that if he was in charge of the company, he would also have made the job cuts.
27 June 2003
FG Wilson named UK’s leading manufacturing firm
Local engineering firm, FG Wilson has been named the number one manufacturing company in the UK at a leading UK-wide awards scheme.
FG Wilson named UK’s leading manufacturing firm
Local engineering firm, FG Wilson has been named the number one manufacturing company in the UK at a leading UK-wide awards scheme.
13 September 2012
760 Jobs To Be Axed At FG Wilson
Seven hundred and sixty people are to lose their jobs at Larne-based engineering firm FG Wilson. The number of job cuts announced today will come as a huge blow to Northern Ireland, already suffering from rising unemployment as revealed yesterday, as FG Wilson currently has more than 3,000 employees on its books.
760 Jobs To Be Axed At FG Wilson
Seven hundred and sixty people are to lose their jobs at Larne-based engineering firm FG Wilson. The number of job cuts announced today will come as a huge blow to Northern Ireland, already suffering from rising unemployment as revealed yesterday, as FG Wilson currently has more than 3,000 employees on its books.
10 July 2009
FG Wilson Suspends Redundancy Plans
Local engineering company FG Wilson will retain a full working week for its employees, following an order boost. The firm said productions levels have remained high enough to stave off a programme of selective lay-offs.
FG Wilson Suspends Redundancy Plans
Local engineering company FG Wilson will retain a full working week for its employees, following an order boost. The firm said productions levels have remained high enough to stave off a programme of selective lay-offs.