StoryManufacturing
Tokamak Energy buys Ridgway Machines to expand its TE Magnetics business
Tokamak Energy acquired Ridgway Machines, a Leicester firm founded in 1920 that manufactures machines for winding and insulating superconducting magnets and cables. It operates as a subsidiary under its own brand and supports TE Magnetics' scaling of high-temperature superconductor products for fusion and other industries.
- Ridgway Machines founded in 1920 with expertise in magnet and cable production.
- Acquired to scale TE Magnetics operations.
- Ridgway maintains independent brand, staff and Leicester location as subsidiary.
- Supports HTS product manufacturing for fusion, aviation, medical diagnostics and other applications.