Belfast Telegraph

Electronics firm to create 250 jobs

Almost 250 new jobs are being created at an electronics firm in County Antrim.

Schrader Electronics Ltd makes tyre pressure gauges for the car industry.

The US-based company is investing more than £56 million and filling 241 extra posts at its Carrickfergus and Antrim plants.

Stephen McClelland, managing director, said: "We expect to double turnover within three years due to both tyre pressure monitoring becoming mandatory this year in Europe and a number of exciting new product opportunities.

"Our success stems from our strong research and development base developing and commercialising new products to world-class manufacturing standards.

"This will also allow us to consolidate our position as the world's leading manufacturer and innovator of sensing and valve solutions for the automotive sector."

The positions will be filled over the next three years. Invest NI has offered £9.7 million in support. Schrader already employs around 1,000 people in Northern Ireland.

Enterprise minister Arlene Foster said: "Schrader's decision to also invest in five separate R&D projects reflects the company's ethos of continuous improvement and determination to carve a niche in the market.

"Innovative product development has been a key factor in the company's success and the investment announced today will help ensure Schrader continues to be in a strong position to meet the expectations of a competitive global market."

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