Ridgway Machines appoints Mike Allen as new MD

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-based engineering company is a designer and manufacturer of advanced, high-precision automated production systems for next-generation energy and electrification technologies. Ridgway delivers bespoke manufacturing platforms to global leaders in fusion energy, superconducting power, grid and electrical infrastructure.

The company has made a strong start to 2026 as demand for high temperature superconducting (HTS) cables and coils for magnet systems from power and fusion energy customers rises worldwide.

Mike has a proven track record of delivering sustainable business growth throughout his career. He joins from TT Electronics, where he delivered significant increases in turnover and operating profit at the advanced electronics engineering and manufacturing organisation. 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.

Tokamak Energy, the UK’s leading fusion technology company, acquired Ridgway Machines in September 2025 to deliver high-quality 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.

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. I am very pleased to see Mike join the business at such a pivotal time to lead this new phase of growth.”

Mike said: “I’m delighted to join Ridgway and the Tokamak Energy family as we work together to accelerate the industrialisation and unlock the full potential of HTS. Ridgway has the expertise and experience to transition HTS technology into large‑scale manufacturing, delivering innovative solutions and addressing critical challenges the world is facing both today and tomorrow.”

HTS materials, which conduct electricity with virtually no power loss, will enable the next generation of energy-producing fusion devices. It has the capacity to disrupt a range of sectors worth hundreds of billions of pounds.

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 centres, overcoming the limitations of conventional systems, which struggle with bulk, weight, heat generation at high currents, and efficiency losses in high-power settings.

Ridgway Machines brings decades of experience in the design and manufacture of advanced winding, taping and insulation machinery across multiple industries. It is now also the leading provider of bespoke manufacturing platforms for superconducting cables, coils for magnets and cable production.

2560 1850 Tim Summer