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Manufacturing
Two Cornish bakers join forces as Prima Bakeries buys biscuit maker Furniss of Cornwall
South West
30 Furniss staff will now join Prima's Employee Ownership Trust.
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Port Talbot steel plant to transition to electric arc system with government's £500 million investment
Wales
The Government has unveiled a "new and improved" deal to help the transition to a greener way of producing steel at the country's biggest steel plant.
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Sales boost fails to stem widening losses at Wilkinson Sword
By City AM
The company said its pre-tax loss widened as a result of higher production costs, investment in the marketing of skincare label Bulldog, a partial write-off of a loan from an associated company and the further impairment of investment in an associate.
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The ending of heavy steel making at Port Talbot with º£½ÇÊÓÆµ Government statement due
Swansea Bay City Region
The move to an electric arc furnace operation at Port Talbot will see 2,800 job losses
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AstraZeneca: Treasury says ‘positive discussions’ ongoing over future of £450m vaccine plant
Pharmaceuticals
Company and Government repeat upbeat messages despite reports state funding could be cut
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West Midlands green transport innovators secure funding and support
West Midlands
Nineteen firms with ideas to make transport greener have been selected to join the latest cohort on the Clean Futures accelerator
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Filtronic reveals North East expansion with factory space set to double
Technology
The telecoms tech firm is eyeing a purpose-built factory next to its existing County Durham base
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Pilgrims Choice and Kerrygold maker churning up sales at £500m a year
By City AM
The Staffordshire-headquartered arm of Ornua Foods saw turnover surge to more than £500m in 2023, according to newly-filed accounts with Companies House
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Bakkavor: 750 jobs at risk as major fresh food maker set to axe º£½ÇÊÓÆµ factory
Employment
Review revealed plant would need 'significant investment' to continue operating
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Fusion Antibodies reports challenging year with revenue drop but sees growth in sales pipeline
By City AM
Shares in the AIM-listed firm sprung up 7.5 per cent when the market opened on Thursday
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JLR backs charity supporting students from African and Caribbean backgrounds
Black Communities
Car manufacturer will run a programme of mentoring and support in partnership with the Amos Bursary
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Shield Therapeutics builds revenues as US prescriptions grow
Company Results
Interim chief executive Anders Lundstrom said the loss making firm had its 'cash burn' under control as it targets the stateside iron deficiency market
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º£½ÇÊÓÆµ manufacturing sector soars to 26-month high, boosting economic optimism
By City AM
Activity in the º£½ÇÊÓÆµ's manufacturing sector expanded at its fastest pace for more than two years last month, a closely-watched survey has suggested, adding to positive signs for economic growth
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Lifeline Fire and Safety Systems set to expand Coventry HQ after securing major contracts
Manufacturing
The increase in space is needed for more business activity and storage
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Shield Therapeutics to enter Canadian market following approval of iron deficiency drug
Pharmaceuticals
Shares rose on the news that Health Canada had approved the firm's Accrufer tablets
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Multimillion-pound subsea cable factory takes step forward with heads of terms agreed
Engineering
The international joint venture partners behind the scheme say there are still considerable risks to overcome in bringing the plant to fruition
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Durham engineering firm sold in pre-pack deal after collapsing owing £2.4m
Deals
The company and its assets have been sold to AEL Automation Ltd for a five-figure sum
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Robotics firm Tharsus sees turnover drop after Ocado partnership ends
Engineering
The Blyth business said it is now bringing in new customers and a new spin-out is set to be launched soon
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Subaru º£½ÇÊÓÆµ sees 40% sales surge but profits dip amid supply challenges
By City AM
Subaru º£½ÇÊÓÆµ has reported a turnover of £75.9m for 2023, according to newly-filed accounts with Companies House as demand outstripped supply
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Sewtec Automation acquired by US group Automated Industrial Robotics Inc
Deals
The 170-strong maker of systems for manufacturers has become part of the Ares Management Corporation group
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North East marine services firm secures further Royal Navy work in £4m maintenance contract
Maritime
º£½ÇÊÓÆµ Docks will service 38 new, small workboats that come from the Ministry of Defence's Project Vahana
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Swansea ladder maker Lyte stepping up its sustainability on increased lending facility
Deals
The company has increased its lending facility with Secure Trust Bank Commercial
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Ticketing machine specialist Cammax snapped up by Canadian group Modaxo
Deals
The global buyer said the Castleford firm would benefit from investment and support while operating under its existing brand
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Bridgwater nutraceutical manufacturer merges with Swedish firm
Deals
The multimillion-pound deal marks the European brand's entry into the º£½ÇÊÓÆµ market
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