Electronics firm announces £4.6m investment in the North

An electronics company based in the North today announced a £4.6m (€6m) investment to enable it to step up production of its tyre pressure monitoring equipment amid growing global demand.

Schrader Electronics, which employs 830 people in Carrickfergus, Co Antrim, is a market leader in the design and manufacture of devices which detect deflation in vehicle tyres and displays information through the dashboard to ensure the driver’s safety.