Newton Aycliffe fasteners firm looks to electric car revolution to drive new growth (From The Northern Echo)

Article by · 2016/07/07 ·

PRODUCTION: A worker at Nissan’s Sunderland factory on the power pack line
6/7/2016 / Steven Hugill

Newton Aycliffe

A FASTENINGS company says robotic vehicles’ evolution can bolster its international presence.

Trifast says it is poised to profit from car makers’ forays into self-driving battery models.

Bosses say advances, such as Google’s autonomous city car project, present potential untapped riches for its goods as manufacturers unfurl next-generation designs.

The company runs a plant in Newton Aycliffe, County Durham, under its TR Fastenings banner that oversees supply of products such as nuts, bolts, washers and screws.

It is also known for supporting marques including Nissan, which employs nearly 7,000 people at its plant in Sunderland and makes batteries for its all electric-leaf hatchback.

Bosses at Trifast say automotive work now accounts for more than 30 per cent of the business’ global revenue, with the UK industrial fastener market worth around £1.2bn. (…)

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