Enterprise Minister Arlene Foster today officially opened Limavady Gear Company’s new mechanical engineering and wind turbine manufacturing facility.
The North West business produces wind turbines and refurbishes gear boxes for machinery in a range of industries including renewable energy, textiles, food processing, quarrying and engineering.
Speaking as she opened the facility, the Minister said: “Having originally refurbished gear boxes for industrial and heavy plant machinery, Limavady Gear Company successfully diversified by developing new products and entering new markets, with support from Invest Northern Ireland. The company has also worked with Invest NI to further enhance the skills of its staff to ensure an even more efficient, internationally competitive operation.
“This new operational facility will enable Limavady Gear Company to further grow its engineering and production operations, including the manufacture of its new wind turbine. It will help the company to meet increasing demand from customers in a variety of global markets, including the fast-developing sustainable energy sector.
“Limavady Gear has steadily increased its sales and profitability in recent years, thanks to a relentless focus on innovation, quality and an export-led approach. It is against this background that this entrepreneurial business is now focusing on new growth opportunities.”
The Minister continued: “Limavady Gear is tapping into the huge potential of the global sustainable energy and environment products and I would urge other local companies to follow their example. Such opportunities will be a key topic at Invest NI’s Energy & Environment Conference, due to be held in Belfast next week.”
Mr Richard Hogg, Managing Director of Limavady Gear Company, said: “The progressive expansion of our business, culminating today in the opening of our new facility, is testament to the dedicated efforts of the workforce at Limavady Gear Company, and their strong emphasis on customer satisfaction and operational excellence.
“The gear manufacture and refurbishment side of our business has evolved to meet changing client needs. We have also recently launched our new Skyrota wind turbine, targeted at the renewable energy market and we predict significant export business as a result.”