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Manufacturing

One of Wales' oldest firms BCB International under new ownership
Manufacturing
The Cardiff-based survival equipment maker has been acquired by Wescom Group
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Jaguar Land Rover pre-tax profit reverses by 拢100m despite sales rise
By City AM
Automotive giant Jaguar Land Rover has posted a pre-tax profit of 拢523m for the final three months of 2024, down from the 拢627m it reported during the same period in 2023
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Nearly 60 jobs at risk as VPK Packaging proposes closure of West Yorkshire factory
SMEs
The supplier to food and drink producers said it was not hopeful of improvements in its market and was taking the action to stem losses
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Tekmar Group seals 拢5m contract with 海角视频 offshore wind project
Deals
The deal announcement comes a month after the firm's CEO revealed a new three-year strategy for growth
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Tyneside pharma firm Shield Therapeutics appoints new US-based CEO
Appointments
The company said Mr Lundstrom鈥檚 interim leadership has been instrumental in driving the firm鈥檚 growth
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JLR invests 拢65m in paint shops as global demand grows for personalised luxury vehicles
Jaguar Land Rover
West Midlands site will see new paint booths and robot painters
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Major Northumberland employer Egger sees profits fall as it battles rising costs
Company Results
The Hexham business said it delivered strong financial results despite the challenges
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Rolls-Royce signs 拢9bn submarines deal to create 1,000 jobs in 'largest ever' MoD contract
By City AM
The eight-year Unity contract covers research and technology, design, manufacture and in-service support of the nuclear reactors that power the Royal Navy's fleet of submarines
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Flooring maker Airea reports positive momentum as sales edge up
Company Results
The carpet tile specialist is undergoing a turnaround and expects full year 2024 results to be satisfactory
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Jobs under threat at crane maker Liebherr's Sunderland plant
Manufacturing
Management says it is taking the action in the face of continued low demand
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North East's high tech electronics firms could create thousands of jobs in coming years
Technology
A report backed by Durham County Council and the Compound Semiconductor Applications Catapult frames the advanced materials electronics industry as capable major growth
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Cranswick acquires pig genetics company and posts record Christmas trading results
Company Results
Bosses cautioned against inflationary pressures but said the business "is in great shape"
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Rolls-Royce market cap hits 拢50bn once again after recent share price rally
By City AM
The Derby-based FTSE 100 giant crossed the 拢50bn threshold for the first time at the start of December 2024 before its share price fell back, but the stock has surged again
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Swansea family-owned engineering firm Afon acquired in management buy-in deal
Deals
The Development Bank of Wales has backed the the deal with a 拢2.5m equity and debt package
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Funding deal for sensor manufacturer
West Midlands
Birmingham-based 4T2 Sensors will use the capital to secure certifications for hazardous environments and job creation
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Jatco boss eyes wider European opportunities with new Sunderland factory
Automotive
CEO Tomoyoshi Sato said Jatco will develop the plant to become highly efficient in the hope it can attract work from other big name manufacturers
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Nissan supplier to launch 拢48.7m North East factory creating 183 jobs
Automotive
Jatco is part owned by the Japanese automotive giant and will supply the drivetrains for its Sunderland-built all-electric models
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Aviation services firm AerFin look to accelerate as it unveils new South Wales HQ
Cardiff Capital Region
The firm has doubled its capacity with a new facility in Newport
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More than 400 jobs lost as metalwork operation collapses only months after rescue
Insolvency and Administration
Fuel tank maker Fablink was bought out of administration only three months ago but its new owner has now also collapsed
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Black Country manufacturer secures funding to boost exports and green credentials
West Midlands
Swift & Whitmore is targeting 拢8 million in sales and working to decarbonise its operations
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Heinz beans factory and Stanlow refinery win Government green backing as North West continues Net Zero push
North West
Glassmaker, recycling giant and farm shop also secure Industrial Energy Transformation Fund cash
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Iconic Raleigh bicycles report significant losses amid sales increase and market pressures
By City AM
The Nottinghamshire-headquartered company, which was once the largest bicycle maker in the world, has announced a pre-tax loss of 拢30.1m for 2023 after having also lost 拢6.8m in 2022.
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Nissan hails biodiversity plan as Sunderland factory site attracts badgers, newts and birds of prey
Climate Agenda
The car maker has been working with a solar farm partner to expand on marshland near its factory
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海角视频 Government launches new steel council
海角视频 Government
The council will help steer plans for the industry which will be backed by up to 拢2.5bn of investment following thousands of job losses in the 海角视频 last year
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