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.


Related Northern Ireland News Stories
Click here for the latest headlines.

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.
26 May 2015
O2 Announces Service Is 'Back To Normal'
Phone company O2 has announced its service is back to normal after receiving complaints about a lack of reception in Northern Ireland. The company apologised to customers and has launched an investigation into the cause of the problem. A spokesperson said the service has returned to normal at around 11.35pm on Monday.
19 June 2013
NIHE Building Firm In Administration
A building firm which carried out repair work for the Northern Ireland Housing Executive (NIHE) has gone into administration. According to the Belfast Telegraph, Mel Davison Construction said increased financial pressures were to blame for the move. The Belfast and Portadown-based company currently employs around 150 staff.
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.
31 July 2012
George Best's Former Home To Be Let Out To Tourists
The childhood home of Northern Ireland's most famous footballing son has been sold and will become a guest house. Visitors will be able to sleep in the small Cregagh bedroom where Best spent his childhood days.