Investment drives new bus orders worth £7.4m
Ballymena bus manufacturer Wright Group has unveiled a £7.4m double contract win for a new design of bus.
Under the deals, the Wright Group will supply Mistral Group (UK) plc with 60 of its new StreetLite buses, developed with support from Invest Northern Ireland, in a contract worth £6m.
The firm has also won an order worth £1.4m to deliver 12 StreetLite buses to Isle of Man Transport. Enterprise Minister Arlene Foster officially unveiled the new StreetLite bus in Ballymena today.
It is the latest product to be launched as part of the Wright Group’s £7m R&D investment.
Mrs Foster said: “As one of Northern Ireland’s most innovative manufacturing firms, The Wright Group recognises the value to be gained by continued investment in product development. This ethos has been of particular importance over the past 12-18 months as the downturn impacted on global sales.
“Clearly, The Wright Group’s investments in innovation are now bearing fruit and will continue to support the future growth of the company.”
The new bus offers more seats than any other vehicle in its class.
Mark Nodder, Wright Group managing director, added: “Today marks an important milestone for us as we unveil the latest innovation in the product range.
“Building on our recent successes in Hong Kong, Singapore and London, this new addition will add another dimension to our product offering and as has already been proven with the Mistral Group order, it will support the creation of future export sales.”