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Manufacturing

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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Volex makes a second 'highly attractive' offer for TT Electronics, urging shareholder engagement
By City AM
The board of Volex has said that its second takeover proposal for TT Electronics is a "highly attractive" opportunity for TT Electronics shareholders, urging them to engage with the offer
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Somerset manufacturer strikes deal for Welsh tech firm with large diamond-turning facility
Technology
AIM-listed Gooch & Housego said the deal would extend its capabilities in the defence and aerospace sectors
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Sports nutrition group Protein Works makes biggest investment yet in £10m Mersey campus as it aims for £100m target
North West
CEO says move 'puts Protein Works on the map as one of the º£½ÇÊÓƵ’s most ambitious functional food brands'
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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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Vistry shares plunge as it reveals full extent of issues in South division
By City AM
Vistry shares plunged last month after it flagged a profit hit from costs being understated in its South division. It's now revealed the true extent of the losses
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JLR defies metal supply problems to see ‘resilient’ second quarter as electric vehicle push continues
Jaguar Land Rover
Jaguar Land Rover owner says second quarter saw issues with aluminium supplies
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Tata submit plans for £1.2bn electric arc furnace in Port Talbot
Swansea Bay City Region
Subject to planning it is expected to become operational in 2027
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º£½ÇÊÓƵ car giant Bentley extends electric vehicle strategy timeline to 2035 as first EV SUV is set for 2026
Automotive
Beyond100 push now rebranded as Beyond100+
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Newport-based Premier Forest Products boosted with new acquisition
Deals
It has acquired Essex-based Bitus º£½ÇÊÓƵ
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Rolls-Royce shares soar as firm reports robust demand but cautions on supply chain issues
By City AM
The FTSE-100 firm said it expected underlying operating profit of between £2.1bn to £2.3bn in the current year and free cash flow of £2.1bn to £2.2bn, unchanged from a prior forecast in August.
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Yorkshire electric bus importer brings hundreds of vehicles to º£½ÇÊÓƵ with £93.5m funding package
Automotive
Pelican Engineering Group has used bank funding to bring battery electric buses to the country from China
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40 new Tyneside jobs created as Curtis Instruments launches new base
Employment
The research and development centre in Hebburn has become the global firm's fifth
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Alloy Wire International celebrates record year in North America
Economy
Firm supplies 'exotic alloy' products to sectors including energy, automotive and space
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Bath stationery firm acquired by specialist Christmas goods manufacturer
Deals
The Gifted Stationery Company has been snapped up by Swan Mill Group
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Birmingham chosen for new medical manufacturing skills hub
West Midlands
The new initiative, known as Resilience, will address the skills shortage faced by the medicines manufacturing industry in the º£½ÇÊÓƵ
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Black Country food manufacturer acquired by Finnish group
West Midlands
Panesar Foods has been bought out in an undisclosed deal by Paulig
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Harland & Wolff's staggering £160m debt revealed as historic shipbuilder enters administration
By City AM
Newly-filed documents with Companies House have shown that the firm owed its creditors more than £160 million when it collapsed into administration last month
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Aston Martin reports significant loss reduction and revenue growth amidst supply chain woes
By City AM
The Warwickshire-headquartered luxury car maker has reported a pre-tax loss of £12.2m for its third quarter, down from the £117.6m loss it posted during the same three-month period in 2022.
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Legrand to create 200 new jobs with cutting-edge electronics hub in Northumberland
Employment
Legrand, part of the global French-owned Legrand group, has announced its latest electronics manufacturing hub for the will be built in Cramlington
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£220m investment by BAE Systems set to transform Rochester site into 'state-of-the-art' facility
By City AM
The aerospace and defence firm expects the expansion to create 300 jobs over the next five years on top of the current 1,600 Rochester-based employees
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Profit plunge at IG Design amid challenges, yet firm eyes second-half rebound
By City AM
IG Design, the world's biggest maker of greeting cards, has seen its profit slump in the first half of the year but says it is now cash generative and expecting a second half recovery
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Crafting company Katy Sue Designs looks to future after return to full ownership
Deals
The South Shields business has completed a share buyout from investor and former chairman Neil Stephenson
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Former Tata Steel boss leaves part of £91m estate to his dog
Manufacturing
Mr Tata was known for his 'ever strong' love of animals and even turned down an invite to Buckingham Palace as one of his pets was ill
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