Reshoring & Manufacturing News - Page 36 of 53

Automotive Latest News – August 2018

Jaguar Land Rover Solihull has been at the centre of that transformation for more than 10 years, and in 2017 it won The Manufacturer Manufacturing Excellence Award for ‘Leadership and Strategy’ at the first attempt. Since the 2008 buyout of Jaguar and Land Rover (JLR) by India’s Tata Motors, JLR has become a global success story. Tata’s strategy was to invest heavily in growth at a time when other multinationals were retrenching following the worldwide financial crash. Since then, JLR has continued ...

UK Casting Industry Census shows industry growth – but challenges remain

The latest Census of the UK Foundry and Casting Industry shows that there has been an 11% increase in sales revenue in the last two years, together with a continuing rise in productivity and high levels of capacity utilisation. Improvements in efficiency and value added services have taken place, with more than half the firms reporting investments in capital equipment within the past two years and over 70% providing value added services such as rapid prototyping, innovative design and simulation and ...

Export Focus for Casting Companies Highlights Importance of Trade Negotiations

Nearly 50% of UK foundries export castings, with 80% of these exports going into the EU – such are the findings of the 2017 Casting Industry Census published this month. For larger companies, with over 100 employees, 50% of turnover is being exported (for companies with over 50 employees the figure was almost 41%). Indeed, 16% of the total industry turnover was exported making it a significant part of the industry’s income. The UK investment casting sector makes up 50% of ...

Flying high after five days at Farnborough

The Midlands Aerospace Alliance is flying high after enjoying its most successful year yet at the Farnborough International Air Show. More than 80,000 trade visitors and delegates attended this year’s event, which kicked off on July 16, including Bank of England Governor, Mark Carney, who was hosted by the MAA on its stand. The MAA’s appearance at this year’s show followed hot on the heels of the publication of its latest MAA Survey. According to this year’s set of results, turnover within the ...

Aerospace News, July 2018

Rolls-Royce is set to be at the forefront of a £343m “revolution” in electric and hybrid planes, the government has announced. Rolls-Royce will work with Airbus and Siemens on the £58m E-FAN X project aimed at developing a flight demonstrator for hybrid-electric propulsion for commercial aircraft. The project, says the government, will bring forward hybrid-electric technology which will deliver improved environmental performance that is cleaner, quieter and introduce re-evaluations of the entire design of aircraft. Rolls-Royce will also spearhead a £70m ULTRAFAN® ...

Manufacturing News, July 2018

Companies across the Black Country have been experiencing cash flow issues in recent months. A new quarterly economic survey has revealed. The survey was carried out by the Black Country Chamber of Commerce with the Black Country Local Enterprise Partnership and in manufacturing 75% of respondents reported either improved or constant levels of cash flow in the second quarter of this year, a significant fall from 90% in the previous quarter. Cash flow is also proving to be a concern amongst manufacturing ...

Automotive News, July 2018

High-performance testing and development engineers from Toyota Motorsport have joined forces with the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) in a bid to remain in pole position of the automotive technology grid. Toyota Motorsport GmbH (TMG), whose parent company is Toyota Motor Corporation, has built its reputation in motorsport via World Rally, Formula 1 and now the FIA World Endurance Championship, which includes the Le Mans 24 Hours. In parallel to its motorsport activities, TMG also carries out a wide ...

2018 UK Automotive Sustainability Report

UK Automotive makes a vital contribution to the UK Economy. Sustainability lies at the heart of the UK automotive industry. From improving the environmental performance of vehicle and component manufacture, to the investment in the skills of employees, right through to the remanufacturing or “second life” of components and the recycling of end-of-life vehicles, the industry seeks to ensure it is a model of industrial sustainability. We are delighted, therefore, to see this commitment clearly demonstrated in the performance of the signatories ...

Nuclear News, June 2018

More than half of manufacturers taking part in the Nuclear AMRC’s ‘Fit for Nuclear’ programme are confident of winning new nuclear work this year, a new survey has found. The latest survey of companies which are currently progressing through ‘Fit for Nuclear’ (F4N), or are already granted, shows that most are confident of winning new business and have seen real benefits from the programme. In all, 89% of participating companies would recommend F4N to other manufacturers. F4N is a unique service which lets ...

Aerospace News, June 2018

The developing trade war between the US and Europe over steel and aluminium tariffs is raising concerns in the aircraft leasing industry that tit-for-tat levies could spread to the booming aviation finance industry. Peter Barrett, chief executive of the fourth biggest leasing company, SMBC was entering new territory after the EU this week confirmed it planned to target €2.8bn of US products in retaliation for the US decision to introduce levies on European steel and aluminium imports. SMBC continued to use the current ...