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Manufacturing

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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Advanced manufacturer Axiom upbeat on revenue growth
Manufacturing
The Newbridge-based firm is forecasting double digit growth this year on the back of investment and new order wins
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Gestamp Tallent stems losses at North East operation as supply challenges ease
Company Results
The specialist metal components supplier said it had invested more than £12m in its º£½ÇÊÓƵ operation
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Filtronic installs two production lines at North East base ahead of new factory
Technology
The move is to cater for increased demand created by recent contract wins
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Hygiene products firm Essity hails profitable growth across third quarter
Company Results
The Swedish consumer goods manufacturer has a number of sites across the North of England and Wales
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£15m investment sees Pure Pet Food gear up for expansion
Deals
The West Yorkshire company is looking to grow both in the º£½ÇÊÓƵ and into new markets
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North East automotive suppliers report mixed results as sector challenges ease
Automotive
Makers of components for major car brands reported softening of the global semiconductor supply challenges that have dogged the sector
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Italian firm to build £1.2bn new electric arc furnace at Port Talbot
Manufacturing
Tenova will deliver the new electric arc furnace following the ending of blast furnace steel making at Port Talbot
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Tarmac sheds jobs as turnover at building materials giant hits £2bn
By City AM
Newly-filed accounts show that turnover at the Tarmac increased in 2023 after it stood at £1.99bn for the 12 months to December 31, 2022
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Bank of England printer De La Rue agrees to £300m breakup
By City AM
The London-listed company has agreed to sell off part of its business to an American company
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County Durham solar specialist to power up commercial plans with £4.3m investment
Deals
The pioneering Seaham firm is the current business of the Year for the Durham, Sunderland and South Tyneside region
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Rix Petroleum snaps up fellow Humber business in undisclosed deal
Deals
Phoenix Heating Services will be rebranded as Rix Gas Services following the deal
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GSK resolves Zantac cancer claims with a £1.7 billion settlement, boosting shares
By City AM
The pharmaceutical giant has agreed to a $2.2bn (£1.68bn) settlement to resolve lawsuits in the US alleging that the company's Zantac heartburn drug had caused cancer
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'Truly uncommon leader' Ratan Tata dies aged 86
Jaguar Land Rover
Tributes have flooded in from across the political and business world for the former chairman of JLR owner Tata Group
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Port Talbot welding skills academy look to retrain hundreds of former steelworkers
Employment
JES is expanding its skills academy following new loan funding from º£½ÇÊÓƵSE Steel Enterprise
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