Diesel Generator firm FG Wilson is changing its name to Caterpillar (NI) Limited to strengthen the link between the subsidiary and its parent company. The change is, according to the company, intended to create a “visible link between Caterpillar’s manufacturing facilities in Northern Ireland and the wider group."
The firm based in Northern Ireland is currently making job cuts of 1300 and also announced the move of production to Tianjin in China. It claims the rebranding will not result in further job losses at this stage.
Caterpillar’s Robert Kennedy said: "Whilst the legal name of the company will change, the FG Wilson name will remain a key part of our history and heritage and indeed our future.
"That's because Caterpillar will continue to produce the range of leading products that carry the FG Wilson brand and those products will continue to be a key part of our global electric power strategy."
FG Wilson director Tony McAllister said the change was part of a larger initiative to "enhance and strengthen the FG Wilson brand and business in the global marketplace".
FG Wilson produces 50 000 diesel generator sets each year for export to 180 countries.