Reshoring & Manufacturing News - Page 11 of 53

Power Generation News – Late February 2022

ETZ Ltd and the Offshore Renewable Energy (ORE) Catapult have announced that they will co-invest and collaborate in a world leading National Floating Wind Innovation Centre in Aberdeen dedicated to accelerating the commercialisation of floating offshore wind throughout the UK and supporting the incubation of new products, services and businesses within the sector. The £9 million centre will be located within the Altens Industrial Estate of the Energy Transition Zone and is being developed to ensure that the North East of Scotland ...

Defence News – Late February 2022

A global missile manufacturer is planning to hire hundreds of people across its UK operations in the coming year. MBDA, which has UK bases in Bristol, Bolton and Stevenage, is a joint venture between Airbus (37.5%), BAE Systems (37.5%) and Leonardo (25%). It has more than 12,000 employees working across France, Germany, Italy, Spain, the US and UK. https://www.business-live.co.uk/manufacturing/missile-manufacturer-owned-bae-systems-23182622

Manufacturing News – Late February 2022

UK manufacturing output growth picked up in the three months to February, but the balance of manufacturers expecting price rises in the next three months was at its highest since December 1976. That’s according to the latest monthly CBI Industrial Trends Survey, based on responses from 224 manufacturing firms. https://www.cbi.org.uk/media-centre/articles/sharpest-manufacturing-price-growth-since-1976-monthly-industrial-trends-survey/

Automotive News – Late February 2022

Supply chain shortages squeeze January car output but EV surge brightens outlook UK car production falls -20.1% in worst January since 2009 with 68,790 units leaving factory gates. Production for overseas and domestic markets down -17.5% and -30.8% respectively. Battery electric vehicle production up a third, with one in 11 cars rolling off factory lines zero emission. UK car production fell -20.1% to 68,790 units last month, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT), the ...

Power Generation News – Early February 2022

CSR: Low Carbon manufacturing boosted with Green Bank The £1bn capital funding pledged through the Green Investment Bank will benefit firms in the West Midlands working in the sustainable energy and low carbon sectors. Mr Osborne announced that the annual budget for the Department of Energy and Climate Change would be £3.1bn. This represents a 5% annual budget cut but £200m is pledged for wind power development. Funding is being set aside for infrastructure development to meet the needs of offshore wind turbine manufacturers ...

Manufacturing News – Early February 2022

The start of 2022 saw growth of UK manufacturing output and employment strengthen, as companies responded to improved new order intakes, rising backlogs of work and addressed shortfalls in capacity. Although supply chain constraints continued to stymie growth, there were signs that these were passed their peak, a factor contributing to a slight easing in purchase price inflation. The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® (PMI®) fell slightly to 57.3 in January, down from 57.9 in December, remaining above the 50.0 no change ...

Aerospace News – Early February 2022

Leading aerospace companies including Airbus and Safran Landing Systems are working with a consortium led by the National Manufacturing Institute Scotland (NMIS) on a new project aiming to offer a major sustainability boost, along with cost and lead time savings, across critical component manufacturing through a combination of forging, forming and additive manufacturing. Funded by the Aerospace Technology Institute (ATI), and supported by the High Value Manufacturing Catapult, the ‘Hybrid Direct Energy Deposition (DED) Sprint’ project partners include NMIS Digital Factory, Cranfield ...

Automotive News – Early February 2022

Jaguar Land Rover Automotive plc has received a £500million Export Development Guarantee which will support the research, development and export of Battery Electric Vehicles, International Trade Secretary Anne-Marie Trevelyan announced on the 31st January 2022 UK Export Finance (UKEF) guaranteed 80% of a new £625million loan from 12 commercial banks, under its Export Development Guarantee (EDG) program designed to drive major investments into UK exporters. https://www.gov.uk/government/news/500-million-loan-guarantee-supports-jaguar-land-rovers-electric-vehicle-plans?utm_medium=email&utm_campaign=govuk-notifications-topic&utm_source=14629dbc-d0d8-4df9-b94a-2fe9cd8779c4&utm_content=daily ____________________ Volvo Car UK has launched its first ever Pure Electric Test Drive Hub at the iconic Eden Project. ...

Steel News – Late January 2022

The refurbishment of a major lime-making kiln at Tata Steel’s Shapfell site in Cumbria, UK, will allow for the more efficient and sustainable supply of critical steelmaking material to the Port Talbot steelworks. Tata Steel manufactures lime at its Cumbrian facility from UK-quarried limestone. Lime is used to improve the quality of steel as well as removing impurities during steelmaking. The £4 million investment to reline Shapfell’s Kiln 4 took ten months to complete and allowed it to start producing again after being ...

Power Generation News – Late January 2022

An auction of seabed plots for major offshore wind projects around the Scottish coast has netted £700m. Seventeen projects covering a total of 7,000km2 have been chosen in the first such leasing round in a decade. They have a combined potential generating capacity of 25GW - well above the expected auction outcome of 10GW. Scotland has 1.9GW of operational offshore wind, and another 8.4GW in construction or advanced development. The ScotWind leasing auction attracted more than 70 bids from major oil companies, utility firms and ...