A S I T E S E L E C T I O N I N V E S T M E N T P R O F I L E : N OR T H ER N I R EL A ND SEPTEMBER 2016 17Thompson relates. “About 250 of those are in R&D. The average engineering salary is significantly lower than the UK average. That’s not as well-known as it should be.”In addition to Schrader, Northern Ireland is home to facilities operated by Caterpillar, Montupet, Ryobi, Sandvik and Wrightbus in the automotive and engineering sector. Advanced materials companies include Brett Martin, Creative Composites, Denroy Plastics and RFD Beaufort, among others. Terumo BCT is a leading life and health sciences company in Northern Ireland, as are Almac, Norbrook, Randox and Warner Chilcott UK (a subsidiary of Teva). And Canadian aerospace company Bombardier employs around 4,500 at its Northern Ireland facilities, where it produces major aerostructures for all of its families of aircraft, including advanced composite wings for its new C Series aircraft.The investment of £520 million in the design, manufacture and assembly of the advanced composite wings for Bombardier’s C Series aircraft is the largest ever single inward investment in Northern Ireland. Other aerospace companies in Northern Ireland include B/E Aerospace, Magellan Aerospace and Thales.Businesses Well ServedHow does Northern Ireland with a population of about 1.8 million people (about the same as Nebraska) deliver so many skilled workers to so many advanced manufacturing companies? This is a society that knows it is competing regionally and globally for corporate investment. The workforce is turnover-averse and has correspondingly low attrition rates. And producing a competitive and eager workforce is the goal of Northern Ireland’s education infrastructure; 77 percent of high school graduates pursue higher education. The two universities — Ulster University and Queen’s University Belfast — combined enroll 52,000 students, and 142,000 more are enrolled in courses at the region’s further education colleges. Both universities are home to world-class research institutes focused on the commercial exploitation of research and development.The business community in Northern Ireland is well served by Queen’s and Ulster Universities who proactively tailor courses to what is required in the labor marketplace. There are also six major further education colleges that are focused on qualifications tailored around the more practical ‘trade’ professions. This diverse mix of academic and practical training provides an on-going resource to the Northern Ireland talent pool.As Northern Ireland’s credentials as a location for foreign direct investment have become better known around the world, its reputation as a place that promises much and delivers more has grown. The result is an influx of new investors in addition to reinvestment by existing international firms with operations in the region. Among the newer growth sectors are technology and financial services. Testament to the appeal of the region is the fact that around 80 percent of new investors go on to invest further — endorsement indeed. This Investment Profile was prepared under the auspices of Invest Northern Ireland. For more information go to InvestNI.com. @InvestNI_USA Invest Northern Ireland - AmericasThe average engineering salary is significantly lower than the UK average. That’s not as well-known as it should be.”— Graeme Thompson, General Manager, Schrader Electronics Ltd., Northern Ireland?DID YOU KNOW…30% of the famous London red buses are manufactured in Northern Ireland. 25% of all computer read/write heads are made in Northern Ireland.30% of the world’s airline seats are made in Northern Ireland. 40% of the world’s mobile crushing and screening equipment is manufactured in Northern Ireland.10% of cholesterol tests worldwide are made in Northern Ireland.1609IPNIreland.indd 178/26/16 5:36 PM
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