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Engineering
15:29, 21 NOV 2024
New interim chair of body overseeing £1bn North Wales Growth Deal
GVA
The board of Ambition North Wales has appointed leader of Wrexham Council as interim chair
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County Durham tagging tech firm PervasID seals £3.25m funding round
Deals
The company launched a second base at NETPark in Sedgefield earlier this year to tap into regional skills
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AI: regulation will emerge say experts, as innovation and skills drive growth
Economy
The North East’s tech sector is in rude health, with a surge in job creation, economic growth and skill-building, fuelled by the integration of artificial intelligence (AI) across industries. But organisations eager to benefit from advances in AI technology should look ahead to anticipate an evolving regulatory regime, says leading law firm Ward Hadaway.
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Bruntwood SciTech and Imperial College to launch £200m deep tech hub in London
BBC
University signs agreement with the joint venture between property group Bruntwood, Legal & General and the Greater Manchester Pension Fund.
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North East space industry consortium secures £2.5m funding to drive research and innovation
Technology
The North East Space Communications Accelerator involves Northumbria, Newcastle and Durham universities and the North East Combined Authority, as well as industry partners
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£12m innovation boost for North West shipping, nuclear and cybersecurity
BAE Systems plc
Engineering and Physical Sciences Research Council investing £22m in º£½ÇÊÓÆµ research clusters
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Sage Foundation and Village Capital team up to help social impact entrepreneurs
SMEs
The social impact arm of Sage is working with the non-profit organisation that focuses on unlocking social and financial capital for early-stage entrepreneurs
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US gaming firm Rocket Science Group accelerating staff at its Cardiff European HQ
Cardiff Capital Region
Rocket Science Group establish its operation in Cardiff last year
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Tekmar secures deals with £1.5m with projects in the Middle East
Deals
Work on the projects has already commenced and is expected to be completed in the current financial year
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People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include RWO, EMG Solicitors, Avison Young, Jump, The Education Network and Gradon Architecture
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Waters Corporation opens new Birmingham manufacturing plant
West Midlands
US firm has launched a 45,000 sq ft hub where it will make precision scientific instruments
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Cheltenham engineering group Spirax reports growth ahead of first half
Company Results
The listed company manufacturers steam management systems and other technologies
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Pro Steel Engineering expand with investment in new fabrication facility
Engineering
The Caldicot firm has taken a 22,000 sq ft unit at Mamhilad Park Estate
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Tech firm Olsen Actuators & Drives plans 'significant growth' after securing £700k investment through Northern Powerhouse Investment Fund
Tech
Olsen has worked on Vertical Aerospace's fully electric air taxi project
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North East business life: community, award and charity events of the week
People
Companies featuring this week include Ryder Architecture, Barratt Homes, AJ Activewear, CMP Products and Matfen Hall
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Office block above night time 'strip' set to be transformed into 14 flats
Commercial Property
The upper floors of the Victoria Buildings on Silver Street in Bury night time 'strip' are set to be converted into 14 flats if plans are given the go-ahead
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Sedgefield tech firm Filtronic to launch new design centre at Cambridge Science Park
Engineering
The firm has announced it is adding a new engineering design centre at the Cambridge Science Park
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Family-run refrigeration firm joins national group
Engineering
The Jordon Group's boss says 'We have an exciting future ahead'
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Tyneside engineers Houghton International chalks up record revenues ahead of US acquisition
Engineering
The company was run as a family business for 40 years until it was snapped up by IPS last year
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Opinion: Skills are the foundation of a prosperous Manchester economy
North West
Emily Cox, Ambassador for the North at Lloyds Banking Group, on how equipping people with the tools they need to thrive could accelerate Manchester’s growth ambitions
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Former pub could be turned into bedsits
North West
The Commercial Hotel in Stacksteads could become HMO
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Plans unveiled for new 266-bedroom Art Deco-inspired hotel in Blackpool
North West
The scheme would see a five-storey apart-hotel built opposite the Winter Gardens
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Commission assessing a Severn barrage scheme in funding boost from the Crown Estate
Environment
It has agreed a £150,000 funding contribution to an independent commission set up by the Western Gateway Partnership assessing the potential for renewable projects in the Severn Estuary
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Nuclear industry supporting 3,500 jobs in Bristol, EDF says
Energy
Projects such as Hinkley Point C have bolstered employment in the sector over the last 10 years
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