Belfast Telegraph

Friday 21 November 2014

Denroy Plastics clinches deal to make parts for Bombardier

Enterprise Minister Arlene Foster is joined by sales manager James Knowles (left) and technical sales manager Eugene Taylor of Denroy Plastics at Farnborough Airshow yesterday
Enterprise Minister Arlene Foster is joined by sales manager James Knowles (left) and technical sales manager Eugene Taylor of Denroy Plastics at Farnborough Airshow yesterday

Co Down manufacturer Denroy Plastics has won a multi-million five-year deal with a Texan firm to make parts for Bombardier business jets.

Enterprise Minister Arlene Foster was at the Farnborough Airshow to unveil the high-flying deal, which will see the Bangor haircare to aerospace company supplying components to Triumph Aerostructures-Vought Aircraft Division in Dallas.

The parts will be used on the Bombardier Global 7000 and Global 8000 craft, a range of high-end business jet from Bombardier which has won orders from tycoons including Warren Buffett.

Executive jet company NetJets, which is part of Mr Buffett's Berkshire Hathaway empire, ordered up to 20 Global 7000 and 8000 craft in 2011.

Meanwhile, Bombardier has announced another two new orders for its CSeries aircraft – part-made in Belfast – as an African airline and an unidentified customer signed up to buy 12 CSeries in deals worth $918m (£535.5m).

Denroy is also celebrating a coveted industry accolade – silver status in the SC21 (Supply Chain for the 21st Century) award.

The company employs 160 people in Bangor, where it also makes the Denman International range of hairbrushes.

The minister congratulated the company on the deal: "Denroy Plastics is operating at the forefront of ground-breaking technology opportunities for the aerospace industry and this contract is a tremendous result for this enterprising and progressive firm.

"The company has built up unrivalled knowledge in plastic moulding in its 40-year history and is regarded as a world leader in its field."

She said the company was working with Invest NI to develop its potential in aerospace. "Its sustained commitment to market-led innovation will benefit Denroy as it seeks to compete for new and innovative business opportunities on a global stage."

Denroy managing director John Rainey said the firm was delighted to have won the "significant" deal. "This contract and others in the pipeline further cement the level of momentum and innovation which are becoming the norm at Denroy."

Triumph Aerostructures-Vought manufactures parts including wings and helicopter cabins for commercial, military and business jet aircraft.

Denroy has been in business for 40 years, and in that time has developed products with a range of uses and applications.

John Rainey said winning the SC21 silver status was "testament to the expertise and innovation now evident at Denroy Plastics".

"This is a hugely important development for our company as it now sets us up to go after significant new work in the near future".

The award scheme is managed by ADS Group, the UK's aerospace, defence, security and space trade organisation.

Bombardier, which employs 5,000 people in Belfast, has also had cause for celebration since the airshow began, attracting orders for the CSeries from seven customers since the weekend.

Yesterday it announced that an African airline and existing Bombardier customer had signed up to buy five of the airliners in a deal worth $365m (£213m).

Another existing customer made a conditional offer for seven CS300 – a deal valued at $553m (£323m) – as well as purchase rights for another six. Five deals worth around £1bn were announced on Monday. China's Zhejiang Loong Airlines is buying 20 smaller CS100 jets. Jordan's Petra Airlines is acquiring up to four CS100 and CS300 planes while Falko Regional Aircraft intends buying up to 24 CS100s.

Abu Dhabi-based Falcon Aviation Services has placed a firm order for two CS300s while Air Baltic has been named as a previously undisclosed customer that converted three options to firm orders in February.

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