Reshoring & Manufacturing News - Page 5 of 46

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 ...

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 ...