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Engineering

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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Chairman of William Cook Group claims º£½ÇÊÓƵ manufacturing resurgence is 'wishful thinking'
Engineering
Sir Andrew Cook's comments come in the company's latest accounts, which highlight an 'excellent overall performance'
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Sheffield bridge engineer EKSPAN seals record funding deal worth almost £1.4m
Deals
The business has been involved in some of the most high profile º£½ÇÊÓƵ bridge infrastructure projects
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Jobs saved by pre-pack sale of Tyneside metalwork firm
Insolvency and Administration
AAP Metal Fabrication had been acquired in a £1.8m deal only last year
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Versarien makes administration announcement amid financial woes
Insolvency and Administration
The Gloucestershire-based company has been attempting to restructure in a bid to shore up its finances
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Grimsby engineering firms join forces in new partnership
Engineering
On Line Group and Blackrow Group have been joined by two more businesses
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More than 200 North East jobs to be created at Assystem following Sizewell C green light
Engineering
The French nuclear engineering group says the jobs form part of 1,000 extra roles to be created around the º£½ÇÊÓƵ
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Marine engineering firm opens office at Exeter Science Park
Offices
The company was founded in 2023 and is planning its next stage of growth
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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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