Manufacturing
Manufacturing News
Manufacturing News, December 2019
MANUFACTURING Smart factories could boost the global economy by at least $1.5tn over the next five years, so long as manufacturers can adopt the technologies necessary for the transformation. Adoption of artificial intelligence (AI) and Internet of Things (IoT) can unlock trillions in revenue for firms across the world according to a report by the […]
Read MoreManufacturng News, September 2019
MANUFACTURING ASK Chemicals, one of the world’s leading suppliers of foundry chemicals, has entered into a definitive agreement to purchase the industrial resin business from SI Group (New York, USA). With this acquisition, ASK Chemicals is reinforcing its position in the foundry market and at the same time strengthening its non-foundry business. http://ftj-2016.vertouk.com/news/ask-chemicals-to-acquire-industrial-resin-business-from-si-group-
Read MoreManufacturing News, early September, 2019
MANUFACTURING The Manufacturing Technology Centre (MTC) is planning a new facility in Liverpool, focusing on areas including improving product development and measuring emotional responses to advanced manufacturing processes. https://www.imeche.org/news/news-article/new-mtc-in-liverpool-to-explore-’emotional-responses-to-advanced-manufacturing A new Digital Manufacturing Centre at Silverstone Park is forecast to generate £9m additional economic value for the area. The project is led by high-performance engineering […]
Read MoreManufacturing News, Early May 2019
MANUFACTURING Tata Chemicals Europe has announced that it will operate a new energy from waste plant (EFW) at its Lostock manufacturing site in Northwich, Cheshire in a joint venture worth nearly half a billion pounds. The chemical arm of the Indian conglomerate has reached an agreement for the plant with Copenhagen Infrastructure Partners and […]
Read MoreManufacturing News, March 2019
MANUFACTURING Blockchain can simply be defined as record-keeping database technology that stores blocks of information on a chain. The information is constantly reconciled into the database, which is stored in multiple locations and updated instantly. That means the records are public and verifiable. Since there’s no central location, it is harder to hack or manipulate […]
Read MoreManufacturing News, February 2019
MANUFACTURING A new University of Sheffield led hub that combines expertise in electrical machines and manufacturing is aiming to put the UK at the forefront of the global electrification revolution. The £28m EPSRC Future Electrical Machines Manufacturing Hub, which is underpinned by a £10m award from EPSRC, has been launched to drive UK expertise in […]
Read MoreManufacturing News, January 2019
MANUFACTURING New data has shown that those who can help businesses capitalise on technological advances – such as digital technologies and automation – are seeing wages rise well above the national average. Engineering salaries are being driven up by the increasing demand for candidates with digital skills to capitalise on emerging technologies, as well as […]
Read MoreManufacturing News, December 2018
MANUFACTURING The University of Nottingham has opened a £24m Advanced Manufacturing Building (AMB), which it hopes, will keep UK manufacturing competitive for future generations. Opened by Siemens UK CEO, Juergen Maier, the AMB will be used to support teaching and research activities across the Faculty of Engineering and wider University of Nottingham. Maier said the […]
Read MoreManufacturing News, October 2018
An increasing trend to reduce the overall weight of products in multiple industries such as aerospace, renewables, construction and transportation, is driving tremendous growth in the lightweight structures market.
Read MoreManufacturing News, September 2018
The latest PMI saw UK manufacturing hit a 25-month low of 52.8 in August, with foreign demand reportedly decreasing for the first time since 2016. Tales of a further slowdown in UK manufacturing seem to be rife at the moment with much of the national and trade press covering the release of the latest purchasing […]
Read MoreManufacturing News, August 2018
Britain’s manufacturing industry has fallen to ninth in the world behind France, reversing a recovery in its performance since the financial crash.
Read MoreManufacturing News, July 2018
The UK government has rejected plans to build £1.3bn Swansea Bay Tidal Lagoon on grounds of cost.
Read MoreManufacturing News, June 2018
Castings and engineering group Chamberlin has enjoyed very encouraging revenue growth after a challenging period. It had suffered technical issues at its new facility which had hit earnings and its share price, but is now ready to put those problems behind it. While the year has delivered on their revenue expectations, margins have suffered […]
Read MoreManufacturing News, June 2018
Hartlepool-based The Expanded Metal Company has announced that it is to benefit from major investment totalling up to £1m over 2018. The investment programme will reportedly include the upgrading of buildings on the company’s 25,000sqm site in Hartlepool, refurbishing specialist manufacturing equipment, acquiring new machinery and replacing existing lighting with more energy efficient LED […]
Read MoreManufacturing News, May 2018
The upturn in the UK manufacturing sector slowed further at the start of the second quarter, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI). Rates of expansion eased for output, new orders and employment, in part reflecting a weakening in the pace of expansion of new work from abroad. On the price front, input […]
Read MoreManufacturing News, April 2018
A survey of more than 240 manufacturers has found a broadly positive outlook, with 52% of firms in the sector expecting to increase their staff numbers. The survey, conducted for the Lloyds Bank Commercial Banking’s Manufacturing Barometer, found that the same proportion are more positive about the UK economy than this time last year, and […]
Read MoreManufacturing News, February 2018
The three-month average pay settlement in January was 2.4%. This was higher than the average of 2.1% across 2017 with the average for the month of January itself a shade higher at 2.5%. Throughout 2017 there was a gradual acceleration in pay growth across the sector as inflationary pressures kicked in and business conditions […]
Read MoreManufacturing News, December 2017
A £65m manufacturing centre of excellence is to be built near Glasgow Airport, the Scottish government has announced. The National Manufacturing Institute for Scotland (NMIS) aims to support businesses across the country and attract investment. Strathclyde University will be the anchor university for the institute. The centre will be located at Inchinnan in Renfrewshire, […]
Read MoreManufacturing News, November 2017
Business innovation is key to manufacturers’ success at home and overseas, and is seen as a critical part of their growth strategies, according to a new survey published by EEF and Santander. Business innovation helps manufacturers to do things better; it also helps them to enter new export markets, as well as to seek […]
Read MoreLloyds Bank Manufacturing Outlook, Q4 2017
UK MANUFACTURING OUTLOOK (Q4 2017) Recent data paint a more positive picture of the sector than was previously believed to be the case. Manufacturing now looks to been one of the fastest growing parts of the economy during 2017. This echoes a more global-wide acceleration in manufacturing output, reflecting an upturn in world trade. Some […]
Read MoreManufacturing News, November 2017
UK political uncertainty, particularly around Brexit, has dented British manufacturing’s appetite to invest in new plant and machinery, according to a study published by EEF and Santander. The EEF/Santander Annual Investment Monitor – which is based on discussions with 328 companies – claims that while demand conditions should be spurring on investment just one third […]
Read MoreManufacturing News, October 2017
A weaker exchange rate helped the manufacturing sector expand for the 14th month in a row in September, according to a survey of purchasing managers working in the industry. The amount of growth in new export business was close to its highest level of the past six-and-a-half years, respondents said. They cited the fall […]
Read MoreManufacturing News, July 2017
Sheffield Forgemasters International has announced a £2m investment into its melting facility to make refined steel with reduced energy consumption. Forgemasters inward investment is part of the company’s turnaround plan and drive towards operational efficiency improvements, and follows its announcement of a new intake of apprentices for 2017 across all of its business divisions. Operations […]
Read MoreManufacturing News, May 2017
Organisations which have introduced advanced automation into their workplace are seeing revenue growth, job creation and greater employee satisfaction, according to a new global survey. By 2018, almost half of companies (46) said they would need greater automation to handle the volume of tasks being generated. By 2020, nearly nine in 10 companies (86%) are […]
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