Denroy in £3.5m deal with aerospace giant
A Northern Ireland manufacturing company has signed a £3.5m contract with one of the world's biggest engineering firms.
Bangor-based plastic moulding manufacturer Denroy Plastics will make parts for GKN Aerospace's two plants in England where it is assembling components for Airbus's single-aisle aircraft.
The five-year deal will see Denroy supply plastic parts used to mount fuel pipes, hydraulic pipes and electrical cables used inside the wings.
And it's also in "advanced talks" with another aircraft manufacturer to supply parts for the manufacture of Airbus aircraft in both the UK and Asia. The value of that contract will be around £1.8m and is expected to be announced in the near future.
Denroy chairman John Rainey welcomed the new GKN deal.
"We're delighted to be able to bring more good news to Bangor and to the local economy overall," he said.
"Denroy has been very successful in recent years in attracting major contracts in the aircraft sector and we are very encouraged at this latest announcement.
"Denroy celebrated its 40th birthday last year, and this latest contract sees us face into the future in very robust shape."
Denroy Plastic is part of the Denroy Group which counts hair brush manufacturer Denman International among its component companies.
Denroy has been moulding plastics since 1972 and during that time has designed, developed and manufactured products for diverse uses and applications.
In 2012 the company revealed that it had secured European funding to research a new injection moulding/composites manufacturing process for use in the global aerospace sector.
Successful implementation of this process will put Denroy Plastics at the forefront of ground-breaking technology opportunities for the aerospace industry.
The EC-funded project aims to develop a process to injection mould thermoplastic composite components for aerospace structural applications.
The target areas will be the replacement of small-to-medium sized machined aluminium, titanium and hand lay-up thermoset composite components.