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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, conductors, and pipe products (RTP/TCP). Its systems automate winding, insulation, and tape-wrapping processes used in coil manufacturing, subsea cables, and pipe components, enabling high-precision production for energy, oil and gas, and research sectors. The company differentiates itself through bespoke engineering, offering design, manufacturing, installation, training, and global technical support, with about 90% of output exported. Since 2025 it has operated as a Tokamak Energy subsidiary to scale HTS magnet and cable manufacturing, while maintaining the Ridgway brand and workforce to serve major projects like ITER and CERN.

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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

Robotics & AutomationHardwareIndustrial & 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 acquired Ridgway in September 2025 to scale TE Magnetics manufacturing.
  • Ridgway named Mike Allen managing director on 2 April 2026 to accelerate growth.
  • Tokamak says 2026 demand for HTS cables and coils is rising worldwide.

What critics are saying

  • TE Magnetics now depends on Ridgway to industrialize HTS; execution slips delay commercialization.
  • Ridgway's customer base is narrow and project-driven, tying revenue to fusion timelines.
  • If HTS scaling stalls, Tokamak could hollow out Ridgway's standalone business model.

What makes Ridgway Machines unique

  • Ridgway is the only UK specialist combining taping machines with Tokamak's HTS commercialization.
  • Its 100-year Leicester manufacturing base supports bespoke winding systems for ITER and CERN.
  • Ninety percent exports prove global niche demand and technical credibility.

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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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