Schrader Electronics, a Northern Ireland based global market leader in the design, development and manufacture of remote tyre pressure monitoring systems for the automotive sector, plans to invest £29 million in growing its base.
The investment, that will create 130 new jobs, has been co-funded with £5 million by Invest Northern Ireland, the regional economic development agency. £1.9 million will be invested in the upgrade of its production facilities with the aim to target Asian and European markets.
