Enterprise Minister announces a £5.2m investment by Thompson Aero Seating
June 20, 2010
Enterprise Minister, Arlene Foster today announced a £5.2m investment by Thompson Aero Seating, creating 49 high value jobs supported by Invest Northern Ireland. Thompson Aero Seating Ltd develops revolutionary aircraft seating designs for major airlines. Their latest patented seating concepts have already secured USD $2.4m (GBP £1.6m) in engineering contracts from a number of world airlines and have the potential to generate at least a further USD $34m (£23 million) in sales outside Northern Ireland.
Invest NI has offered £875,000, to enable Thompson Aero Seating to commercialise their new innovative seating concepts for export markets. The support will help Thompson Aero to increase staffing levels to manage product modification for individual customer orders, and establish a product assembly operation to meet forecast demand for small to medium sized production runs. Congratulating the company on its achievements to date, the Minister said: “This is a significant investment from Thompson Aero Seating. The products designed are highly innovative and have the potential to revolutionise the global civil aircraft seating market, generating over USD $34m in export sales.