100 new jobs to result from Schrader/Ford TPMS deal

A contract signed between Schrader Electronics and the Ford Motor Company has the potential to create up to 100 new automotive sector jobs in Northern Ireland. Under the terms of the agreement, Schrader Electronics will supply its direct tyre pressure monitoring systems for fitment to Ford’s European model range between 2012 and 2015. This supply deal includes equipment for fitment on the strong-selling Ford Fiesta and Focus ranges.

Commenting on the deal, Deputy Prime Minister, Nick Clegg, said “this substantial contract is very welcome news for the Northern Ireland economy and for the UK’s automotive industry. Significant investments in UK businesses by global manufacturers demonstrate the UK’s position as a leader in world-class technology and engineering. As well as the positive impact on the regional economy, it is also very pleasing that local people stand to benefit from the deal through new employment opportunities.”

Schrader Electronics’ vice president of Business Development, Alfonso Di Pasquale, added that “Schrader Electronics is delighted to be able to make this announcement confirming a very important contract not only for us but for the automotive sector in the UK, particularly Northern Ireland. Ford is a leading automotive manufacturer and we enthusiastically look forward to working with this globally-respected brand.  Ford is providing its European customers with the state-of-the-art direct TPMS technology.”

The contract is timed to coincide with the introduction of EU regulations making the fitment of TPMS mandatory across Europe for all new car models introduced as of November 2012, legislation that will be extended to all new vehicles two years later.