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Manufacturing

One of the biggest employers in the Vale of Glamorgan to shed 300 jobs
Employment
The Unite union said that US chemical giant Dow plans to shed a third of its workforce at its Barry plant
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Nissan sets out huge cost of turnaround plans as it expects £3.7bn loss
Automotive
Chief executive Ivan Espinosa said the wider than initially expected losses reflected a review of its performance and the value of global factories
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Rolls-Royce shares rebound to pre-tariff levels, nearing full recovery on FTSE 100
By City AM
Shares in Rolls-Royce have surged to their highest value since US President Donald Trump shocked global markets with his trade tariffs
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º£½ÇÊÓƵ manufacturers cut jobs at fastest rate in four years amid tax hikes and energy costs
By City AM
The CBI said that the downturn in manufacturing output had eased in the quarter to April, suggesting there may be some resilience in the sector
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Aircraft landing systems firm Safran opens new Gloucester site
Aerospace
The centre is part of a major investment project at the company's Gloucestershire base
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Pharma firm Shield Therapeutics warns of 'unpredictability' from US tariffs
Company Results
The commercial stage business has significantly boosted prescriptions and narrowed losses
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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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Elon Musk takes step back from politics as Tesla profits crash amid backlash
By City AM
Tesla's net income plunged 71 per cent to $409m in the first quarter, missing Wall Street estimates, with the firm's operating income dropping 66 per cent to $0.4bn
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Nissan boss says 'º£½ÇÊÓƵ is not a competitive place to be building cars'
Automotive
Alan Johnson told the House of Commons' Business and Trade Committee that the Government must support the automotive sector
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Trump tariffs: Uncertain and anxious Liverpool businesses reveal how they could be affected
Exports
City region firms fear price rises and eroded trust, Liverpool Chamber research reveals
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Durham lighting firm Artech snaps up Yorkshire business Powerlite Fitzgerald
Deals
The acquisition will help to boost both firms' market share while creating skilled jobs
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BAE Systems announces 'breakthrough' in munitions production
Industrial
The defence giant has developed a new way of manufacturing explosives and propellants
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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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Business Secretary says Scunthorpe steelworks may need "different employment footprint"
Manufacturing
Jonathan Reynolds was speaking as coking coal arrived into the country to keep the site's blast furnaces running
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Tate & Lyle forecast to report four per cent profit rise despite revenue drop
By City AM
The FTSE 250 sweetener producer said performance had been in line with expectations in its business over the last year, with cash conversion exceeding 75 per cent
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Trials held into new future of delivery vehicles
West Midlands
Warwick Manufacturing Group is working with Transport for West Midlands on the project which could see EVs being used for deliveries
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Parliament recalled to debate emergency measures to save Scunthorpe Steelworks
Industrial
MPs and Lords will return on Saturday amid efforts to keep the British Steel facility open
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Polestar sales surge as Tesla struggles after Elon Musk's Trump links
By City AM
The Swedish car company has sold around 12,304 vehicles since the beginning of the year, a 76 per cent jump on the same time period a year earlier
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Pearson Engineering works on robot mine sweeper being trialled by British Army
Deals
The Weevil robot can clear minefields quicker and safer than present capabilities, reducing risk to soldiers on the front line
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ID card firm Swype gets ‘future-proofed’ with NPIF II investment
North West
Swype was pioneer in HP digital printing
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European windows and doors manufacturer opens Exeter base
Offices
NorDan was founded in Norway nearly 100 years ago and has 12 factories in the º£½ÇÊÓƵ
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Major manufacturer TT Electronics warns US tariffs 'could cast doubt' on trading ability
Technology
Tech specialist with nine º£½ÇÊÓƵ bases says strong performance in Europe and the º£½ÇÊÓƵ was offset by slumping demand in the US
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Eyewear firm monitoring Donald Trump's tariffs 'closely' as revenues fall
Company Results
Inspecs manufacturers frames and lenses and only last year opened a factory in Vietnam which has been hit by the changes
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Rolls-Royce shares surge as Derby-based FTSE 100 firm recovers after Trump tariff scare
By City AM
The Derby-headquartered group's shares are now trading at around 734p, up more than 10 per cent since the start of trading today
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