Key Industries in North Devon and Torridge


Since 1948 TDK-Lambda has been a global leader in the development and manufacture of AC-DC power supplies and DC-DC converters. They have power conversion products suitable for a diverse range of applications including medical, broadcasting, life sciences, LED lighting, renewable energies, transportation, information technology, factory automation, defence and avionics, test and measurement and particle physics research. They offer an extensive range of AC-DC power supplies, DC-DC converters, programmable power supplies and EMC/EMI filters.


Forest Fuels is a specialist wood fuel supplier and consultant to small and medium scale heat boilers. Established in 2000 and now doubling in size year-on-year, Forest Fuels is focussed on the “localness”

of its service. It operates from 11 local depots, and is now clearly established as the leading fuel supplier in the south west. The company currently supplies around 50,000 cubic metres of Premium Grade wood fuel per year to around 200 biomass boilers. The wood chip and wood pellet fuel is supplied from the company’s network of 11 local depots, enabling it to provide a truly local service.

Mole Energy is one of Northern Devon fastest growing companies. A subsidiary of Mole Valley Farmers, Mole Energy is at the forefront of new developments in the renewable energy sector. Mole Energy were the first to market with farmer dedicated Solar PV systems and to offer technologies to benefit from the RHI, and the business has now grown from strength to strength across rural England.


With headquarters in Switzerland and locations in over 40 countries over 5 continents, Actavis is one of the world’s leading players in the development, manufacture and sale of first-class generic pharmaceuticals. Founded in 1956 the company grew by an assertive programme of expansion, making more than 20 acquisitions in the past seven years while maintaining strong organic growth. The Actavis Group has more than 10,000 employees around the globe.

Perrigo is a leading global healthcare supplier that develops, manufactures and distributes over-the-counter (OTC) and prescription pharmaceuticals, nutritional products, active pharmaceutical ingredients (API) and consumer products.


Tourism and related services make a significant contribution to the North Devon economy. The county attracts nearly six million visitors a year, spending over £2.1 billion in the local economy. In recent years Northern Devon has seen significant investment in tourism, with a high quality contemporary offering now attracting new visitor markets to the area. Damien Hirst has invested substantially in Ilfracombe, erecting ‘Verity’, the 66ft high controversial bronze artwork, and investing in the restaurant 11 The Quay and an Other Criteria gallery. Ongoing investment in popular tourism areas such as Westward Ho! are ongoing.

Advanced Engineering

West End Precision Limited is a family-owned company that operates from a high specification, purpose-built engineering facility in North Devon. They have become market leaders by applying exceptionally high standards of quality and a continuous investment strategy in both personnel and machining capacity. They specialise in high volume machining, holding finished stock for many customers offering them total reliability.


Since 1840, Penbode vets (formally known as Penhale and partners) has been serving the needs of animal owners in the South West. Penbode vets includes Penbode Farm, Penbode Pets and Penbode Equine vets and operate across the South West, with practice bases in Holsworthy, Bude/Stratton, Bradworthy, Camelford and Okehampton.

Mole Valley Farmers was started in 1960 by a small group of farmers around South Molton in Devon who were concerned by the discriminatory practices and the large margins being taken by many of their input suppliers. Today it remains one of a few true co-operatives in the supply industry, but boasts a turnover of more than £130m through more than 20 retail outlets and various farming focused services. Products range from farm requirements to clothing, footwear, garden supplies, pet food and accessories, domestic goods and power tools.

Marine Industries

Babcock is the UK’s leading engineering support services organisation with revenue of over £3.2bn in 2013 and an order book of circa £12 billion. Defence, energy, telecommunications, transport and education are all sectors where Babcock can be found working diligently behind the scenes, delivering critical support. Their services are underpinned by three core capabilities; Managing Assets and Infrastructure; Delivering Projects and Programmes; Integrating Engineering Expertise.

J + S Marine deliver robust and cost-effective solutions to customers’ requirements across all military markets, in civil maritime markets and the offshore energy business. Expertly combining comprehensive engineering development with production since 1956 they specialise in approaching technology insertion with innovation to provide solutions to equipment obsolescence. From the naval, land and air-based military to the oil and gas or renewable energy sectors, customers rely on their creative engineering solutions; in-service support of complex systems and low volume production of bespoke or niche items.