Reshoring & Manufacturing News - Page 12 of 53

Manufacturing News – Late January 2022

Leading Artificially Intelligent Engineering (AIE) software company Monolith AI and Imperial College London will use a £500,000 Innovate UK grant to launch a project to build a new type of artificial intelligence solution that will be able to assess if metal components are manufacturable and even explain why they might not be manufacturable. While CAE simulations have dramatically improved how the manufacturability of industrial products like for example the door of a car is assessed, the final decision on whether this door ...

Aerospace News – Late January 2022

Rolls-Royce all-electric ‘Spirit of Innovation’ aircraft is officially the world’s fastest all-electric aircraft, having set two new world records which have now been independently confirmed. At 15.45 (GMT) on 16 November 2021, the aircraft reached a top speed of 555.9 km/h (345.4 mph) over 3 kilometres, smashing the existing record by 213.04 km/h (132mph). In further runs at the UK Ministry of Defence’s Boscombe Down experimental aircraft testing site, the aircraft achieved 532.1km/h (330 mph) over 15 kilometres – 292.8km/h (182 ...

Automotive News – Late January 2022

A dismal year for UK car output but investment recovery and electrified charge brighten outlook Car production falls -6.7% to 859,575 units due to multiple factors, most Covid-related. UK electrified vehicle output surges, up 29.6%, to more than a quarter of production. Factories turn out record number of battery electric vehicles, volumes up 72.0%. Grounds for optimism in 2022 with potential £4.9 billion of investment announced and production forecast to begin recovery. UK car production in 2021 fell -6.7% to only 859,575 ...

Power Generation News – Early January 2022

Coventry based Manufacturing Technology Centre (MTC) says it is supporting Australian Fortescue Future Industries (FFI) in its effort to produce 15m tonnes of green hydrogen a year by 2030. To achieve net-zero targets, green hydrogen technology is becoming increasingly popular across industries to improve future manufacturing. FFI is aiming to build a portfolio of renewable hydropower, geothermal, wind and solar assets globally. https://www.thebusinessdesk.com/westmidlands/news/2058928-mtc-to-help-australian-green-energy-company-with-the-production-of-green-hydrogen

Oil & Gas News – Early January 2022

Business leaders have written a joint open letter to party leaders calling for a "reasoned debate" over the future of oil and gas in the UK. The call comes after plans for the controversial Cambo Oil field off Shetland were put on hold. The letter says any statements calling for an end to new exploration have shaken investor confidence, placing tens of thousands of jobs at risk. It warns politicians against creating a "hostile investment environment". The letter, from Aberdeen & Grampian Chamber of ...

Defence News – Early January 2022

The UK and Japan have announced plans to develop a future fighter aircraft engine demonstrator and agree to explore further combat air technologies. Work on the joint engine demonstrator will kickstart early next year, with the UK investing an initial £30 million in planning, digital designs and innovative manufacturing developments. A further £200 million of UK funding is expected to go towards developing a full-scale demonstrator power system, supporting hundreds of highly skilled jobs, including many at Rolls-Royce’s Filton facility in Bristol. Over ...

Manufacturing News – Early January 2022

Britain’s manufacturers are more positive about the growth outlook as they enter 2022, with greater confidence in the prospects for their own companies than either the global or UK economies, according to a major survey published today by Make UK and PwC. Optimism tempered by fight for talent and escalating input costs. Three quarters of companies expect conditions in manufacturing to improve Two thirds of companies see the UK as a competitive location for manufacturing - but as many say leaving the ...

Aerospace News – Early January 2022

Grant funding worth over £2 million has been awarded so far to Midlands-based aerospace SMEs, or companies seeking to diversify into the sector, as part of the Aerospace Unlocking Potential (UP) programme which has been working at pace to support the upturn of aerospace in the region. https://www.aero-mag.com/midlands-aerospace-funding-12012022 ______________________ US plane manufacturer Boeing has snatched Airbus’s crown as the world’s largest aircraft maker on an adjusted order basis. While the European plane maker remains the world’s largest manufacturer for the number of planes delivered, the ...

Automotive News – Early January 2022

Jaguar Land Rover's worldwide sales have continued to be hit by the global shortage of semi-conductors. Although the luxury car group started to see some improvement in microchip supply, sales for the last three months of 2021 were down 13.6% on the previous quarter at 80,126. Jaguar sales were down 25.2% at 14,407 and Land Rover down 10.5% to 65,719. JLR said underlying demand for its cars remains strong and the company has managed semi-conductor supplies to maximise production of higher margin vehicles. https://www.expressandstar.com/news/business/2022/01/13/jaguar-land-rover-sales-suffer-from-microchip-shortage/ ____________________ EU ...

Defence News – Late November 2021

QinetiQ has entered into a strategic collaboration agreement with automotive manufacturer AM General to accelerate the development of electrification technologies for military vehicles. The partnership has begun with the development of a hybrid concept of the globally iconic HMMWV (High-Mobility Multipurpose Wheeled Vehicle often referred to as ‘HUMVEE’) – demonstrating the viability of electrifying military land vehicles to deliver enhanced performance while decarbonising military operations. The collaboration was initiated and its development facilitated by the JV & Partnering (JV&P) Advisory team at Lincoln ...