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Ridgway Machines

Manufactures precision winding and taping machinery

Overview

Ridgway Machines designs and builds precision taping and winding machinery for electrical coils, cables, and pipe products (RTP/TCP). Its systems manage winding, insulation, and tape wrapping to manufacture components for energy, oil and gas, and scientific research, including subsea cables and pipeline parts. The company offers bespoke engineering from design to installation, training, and global technical support, exporting about 90% of its output. In 2025 it became a subsidiary of Tokamak Energy, using its winding and insulation expertise to scale HTS magnet and cable manufacturing for TE Magnetics while keeping the Ridgway brand and workforce.

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About Ridgway Machines

Simplify's Rating
Why Ridgway Machines is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

HardwareIndustrial & ManufacturingEnergy

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Leicester, United Kingdom

Founded

1920

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Simplify's Take

What believers are saying

  • Tokamak Energy won a £70 million STEP Magnet Systems Partner contract through March 2029.
  • TE Magnetics now has Ridgway's manufacturing base to industrialize HTS magnets at scale.
  • Tokamak Energy completed a world-leading fusion magnet campaign in 2026, validating its technology.

What critics are saying

  • Tokamak Energy still chases commercial fusion; investor-funded competitors target electricity generation in 2030s.
  • Ridgway now depends heavily on Tokamak Energy, concentrating demand inside one corporate parent.
  • If STEP slips or HTS commercialization stalls, Leicester operations lose the growth engine.

What makes Ridgway Machines unique

  • Founded 1920, Ridgway combines century-old Leicester manufacturing with bespoke taping and winding expertise.
  • It serves 2,000 customers across 100 countries, exporting around 80% of production.
  • It built machinery for ITER and CERN, proving credibility in fusion-grade precision systems.

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Benefits

  • Paid Vacation
  • Paid Holidays
  • Performance Bonus
  • Professional Development Budget
  • Relocation Assistance

Company News

Webcom Communications Corp.
Oct 13th, 2026
Ridgway Machines aims for HTS growth with new managing director.

Ridgway Machines aims for HTS growth with new managing director. Ridgway Machines has appointed Mike Allen as its new managing director to lead a new phase of growth for the Tokamak Energy subsidiary. Founded in 1920, the Leicester, UK-based engineering company is a designer and manufacturer of automated production systems for next-generation energy and electrification technologies including fusion energy, superconducting power, grid and electrical infrastructure. Among its products are manufacturing platforms for superconducting cables, coils for magnets and cable production. Tokamak Energy, a leading fusion technology company located in the UK, acquired Ridgway in September 2025 to deliver high-quality high temperature superconductor (HTS) products at scale and provide end-to-end capability. It launched TE Magnetics the previous year to focus on the industrial deployment of HTS technology. The company reports it has made a strong start to 2026 as demand for high temperature superconducting cables and coils for magnet systems from power and fusion energy customers rises worldwide. Allen joins Ridgway from TT Electronics; previously, he held managing director level roles at Dynamic Aerospace Fabrications and Pattonair after a 31-year career at Rolls-Royce, where he held a number of positions, including operations director. Warrick Matthews, Tokamak Energy CEO, said: "Ridgway plays an important role in providing specialist machines to industry. It has a growing customer base which will see it expand significantly over the next few years. In addition, Ridgway and TE Magnetics create a very powerful combination to accelerate and industrialise our leading HTS technologies, delivering breakthroughs in a wide range of industries." HTS materials, which conduct electricity with virtually no power loss, are key enablers for the developing market of energy-producing fusion devices. When engineered into magnets, they generate exceptionally strong and stable magnetic fields within compact, lightweight systems - unlocking new possibilities in fusion and other applications ranging from electric zero emission flight to analytical science. HTS also enables scalable, ultra-efficient, and compact power distribution for high-demand environments such as AI data centers, overcoming the limitations of conventional systems, which struggle with bulk, weight, heat generation at high currents, and efficiency losses in high-power settings. See www.tokamakenergy.com, www.ridgwayeng.com, www.temagnetics.com.

BLM Group
Sep 22nd, 2025
Fusion technology company acquires Leicester firm - East Midlands Business Link

Tokamak Energy has accelerated the growth of its TE Magnetics business with the acquisition of Ridgway Machines.

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