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Engineering

Graphene maker Versarien closes Korean arm and warns over future amid financial woes
Company Results
The company previously warned it needed further external investment to continue as a going concern
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Tekmar hopeful of stronger second half after slow start sees losses widen
Company Results
The offshore group pointed to signs the offshore wind market is recovering from recent challenges
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FES International acquired by global engineering group Hunting in £50m deal
Deals
Founders Rob Anderson and Ian Latimer will stay with the business for at least year
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Engineering firm could be out of pocket after social housing provider goes into liquidation
Engineering
Gloucestershire-based Versarien says it had signed a contract worth around £200,000 with Lancashire's Building for Humanity
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Jobs saved after the collapse of Northumberland's Armson Engineering
Insolvency and Administration
The steelwork specialist has been acquired by a new firm led by one of its directors
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Historic Devon machine building firm falls into administration
Insolvency and Administration
Meddings can trace its roots back to the 1930s and its director is the grandson of the original founder
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Engineering the future: Royal Academy opens Liverpool hub to turn great ideas into thriving businesses
Engineering
Royal Academy of Engineering president Sir John Lazar says Liverpool has great potential
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BEL Valves targets hydrogen and carbon capture markets with new division
Climate Agenda
The Tyneside oil and gas specialists is adapting its valve technology for the renewables markets
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Rolls-Royce now worth more than £70bn as shares continue to rise
By City AM
Shares in the FTSE 100 giant ended Thursday, 22 May, priced at 839p which has given it a market capitalisation of £71bn
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North East underwater tech specialist collapses into administration only a year after acquisition
Insolvency and Administration
Manta Systems - formerly Modus Subsea - had been subject to a winding up petition from a company belonging to a former owner of the firm
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Smiths Group shares rise as it posts strong third quarter revenue growth
By City AM
The FTSE 100 engineering group said it was on track with its demerger plans
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Behind the near £1bn ambition to bring a rare job-creating cable factory to the Tyne
Climate Agenda
North East Mayor Kim McGuinness says the proposals are of equal importance to the region as Nissan's investment was in the 1980s
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Marine construction specialist Southbay creates new North East headquarters
property news
Southbay Civil Engineering has moved to Gateshead to help accommodate an expanding workforce and a growing list of projects
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ITM Power strikes deal to supply 300MW of electrolysers to overseas power plant
Deals
The major project has received funding approval from the local authorities
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Energy specialists nexos creates jobs with new onshore energy services division based out of Hull
Engineering
The firm says it has seen increasing demand for its engineering services from onshore developers
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Plans for 950-home neighbourhood near Bristol with public green space
Housing
The majority of the site in Warmley would be transformed into accessible open space, developers said
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Rolls-Royce wins major MoD contract for RAF Typhoon fighter jets
Armed Forces
Most of the work will take place at the company's º£½ÇÊÓƵ defence HQ in Bristol
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Newcastle's Black & White Engineering snaps up Ireland's Homan O’Brien
Deals
The Tyneside firm said the deal opens the door for exciting new opportunities in the region and further international projects
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Rolls-Royce says it's on track to hit nearly £3bn profit in 2025 despite ongoing tariff uncertainty
By City AM
The London-listed engineering giant on Thursday held a previously guided underlying profit range of between £2.7bn and £2.9bn. It is also looking at between £2.7bn and £2.9bn of free cash flow.
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Severfield to slash jobs amid challenging º£½ÇÊÓƵ and European markets
Engineering
The major contractor has also set out reduction in capital expenditure
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The key role Siemens Energy's Newcastle base will play in º£½ÇÊÓƵ's energy transition
Energy
North East born boss Darren Davidson started his career at the historic CA Parsons Works site and today leads Siemens Energy's 6,500-strong workforce
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Profits double as battery firm Alexander Technologies powers up customer numbers
Engineering
The Peterlee firm says the rise in sales and earnings is driven by an expanding project and customer base
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British Steel ends redundancy consultation following Government rescue
Employment
The Government made the move to direct the company when Parliament was recalled to pass emergency legislation
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Family firm TWR launches £2m Sunderland manufacturing facility
Engineering
New jobs have been created through the launch of the new manufacturing facility in Hendon
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