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Engineering

Troubled graphene maker Versarien considering administration after sale plans collapse
Engineering
The graphene maker has staved off numerous financial crises this year and has placed a number of its businesses in administration already
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Jump in profits at defence giant Babcock after strong first half
Company Results
The FTSE-100 group says it is on track to meet expectations for the full financial year
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Tyneside supplier to offshore sector nets £5.5m contract thanks to Government backing
Energy
OES Group's latest win comes amid a year of growth, including the opening of its new Gateshead factory
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Defence tech firm and º£½ÇÊÓƵ manufacturer to create 100 jobs across South West
Employment
The companies are looking to scale up manufacturing across the region
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President Trump's tariffs are 'dampening business confidence', warns FTSE-100 manufacturer
Company Results
The Cheltenham-headquartered company employs 10,000 people in 68 countries
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Rolls-Royce forecasts profit upgrade thanks to success in both aerospace and defence
Company Results
The engine maker said it expects profit for the full-year to be 26 per cent higher than the previous financial year
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Versarien to sell remaining assets to º£½ÇÊÓƵ public company for £200k
Deals
The struggling AIM-listed business has warned if a deal is not completed quickly it could be forced to appoint administrators
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Tech manufacturer TT Electronics set to be taken over by Swiss rival
Engineering
The global engineering business is a major employer in Northumberland, where it has a centre of excellence for aerospace electronics
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'Steady start' to year for Renishaw despite global uncertainty
Company Results
The Gloucestershire-headquartered engineering firm has also started implementing a £20m cost-reduction programme
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Clean energy jobs boom to deliver more than 15,000 new North East jobs
Employment
The Government is publishing a clean energy jobs plan to train up the next generation of clean energy workers
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Royal IHC talks of "turning point" in North East operations following difficult years
Engineering
The marine engineering specialist has published accounts in which it talks of reaching breakeven
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Steel industry facing "biggest ever crisis" in the face of EU tariffs hike
Economic Development
Trade association º£½ÇÊÓƵ Steel has said the Government must go "all out" in discussions with Brussels
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Versarien in talks over offer for business and assets - but deal would need government approval
Insolvency and Administration
The troubled graphene maker was blocked from selling its assets to a Chinese joint-venture on security grounds in August
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Renishaw appoints new HR chief following profit rise
Appointments
The Gloucestershire engineering firm has raised its profit guidance for the financial year
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Historic manufacturer Brandauer undergoes MBO
West Midlands
The Birmingham-based firm has been acquired by a senior team from descendants of the founding family
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Newcastle's Pearson Engineering announces agreement with Ukrainian defence firm
Engineering
The Memorandum of Understanding is based around repair and maintenance systems, plus the possibility of production in Ukraine
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Plymouth company to introduce four-day week on full pay for all staff
Employment
Applied Automation said all departments would remain fully staffed throughout the week
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Government blocks sale of Versarien assets to Chinese joint-venture on security grounds
Deals
The Gloucestershire graphene maker is selling off a number of its businesses and is looking to secure investors in a bid to stay afloat
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Defence firm Leonardo reopens return to work to programme
Employment
The scheme is being run across the company's sites in Bristol, Edinburgh, Luton, Southampton, Newcastle, Lincoln and Basildon
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£1.6m funding deal triggers launch of new County Durham firm SST Group
Deals
The new group has already made its first acquisition following the investment from NPIF II – Maven Equity Finance
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Bristol manufacturer targets £100m sales as it marks 45 years of growth
Bristol
Avon Group is a collection of engineering and manufacturing businesses based in Bedminster
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Leeds solar monitoring specialise to create jobs following £150k investment
Engineering
Test Consulting currently employs seven and hopes to win more work in the º£½ÇÊÓƵ, US and Spain
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FTSE-100 firm Spirax Group reports fall in profits amid 'challenging' environment
Company Results
The Gloucestershire-headquartered company said trading was in line with expectations
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Versarien issues warning to shareholders amid administration process
Insolvency and Administration
The AIM-listed company has been under financial pressure for some months
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