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Manufacturing
Brintons family snubbed in Carlyle Group takeover of carpet firm
Manufacturing
The family who owned Kidderminster carpet-maker Brintons for more than two centuries claim the historic firm was “pulled from under their feet” by US private equity giant Carlyle.
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CPP still on track to acquire Spyker supercar marque
Manufacturing
Ongoing financial problems at Saab will not dent Coventry-based CPP Global Holdings’ ambitions to acquire the Spyker supercar marque - even though the deal has currently stalled.
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Economy stagnates as manufacturing delivers lacklustre growth
Manufacturing
Further evidence that the Ƶ economy is stagnatinghas emerged as official figures showed lacklustre growth in the manufacturing sector.
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Pet health firm Dechra sees profits grow
Manufacturing
Pet pharmaceuticals company Dechra has seen a boost in profits to £30 million.
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Return of car production lined up for Browns Lane in Coventry
Manufacturing
The historic former Browns Lane home of Jaguar is set to see car production again after CPP Global Holdings Ltd signed an exclusive agreement with the owners of the Coventry site.
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Aga steels itself for extra £1m hit from soaring raw materials costs
Manufacturing
The rising price of stainless steel has set back cooker-maker Aga Rangemaster by £1 million in the past year.
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Melrose improves offer for Charter International
Manufacturing
Manufacturing buyout firm Melrose sweetened its £1.4 billion offer for rival Charter International – securing access to the toolmaker’s books but not a recommendation from its board.
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Aston Martin announces successor to DBRS9
Manufacturing
Aston Martin has announced a successor to its award-winning race car.
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Westley Group completes Mathers Foundry sale
Manufacturing
Manufacturing firm Westley Group has completed the sale of Mathers Foundry to WPIL for an undisclosed amount.
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Exports push Metalrax back into the black
Manufacturing
Engineering group Metalrax has swung back into the black after exports boosted its performance in the first half of the year.
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Skills initiative set to be taken nationwide
Manufacturing
A Black Country-based trade association’s innovative approach to solving the manufacturing sector’s biggest skills problem could be rolled out nationwide.
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Manganese Bronze strikes deal with Chinese counterpart
Manufacturing
Black cab-maker Manganese Bronze has agreed an exclusivity deal with part-owner Geely to distribute its vehicles and spare parts in the Ƶ.
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Slight fall in sales for Aga Rangemaster
Manufacturing
Upmarket cooker-maker Aga Rangemaster has reported a slight dip in first-half sales amid tough market conditions.
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Hampson sells shims businesses in £51.5m deal
Manufacturing
Brierley Hill-based Hampson Industries has said it intends to dispose of its shims businesses, which provide components to the global aerospace markets, for £51.5 million.
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IMI breaks through £1bn barrier but warns of slowdown
Manufacturing
Sales have broken through the £1 billion barrier for engineering giant IMI in the first half of the year – but warned about tough conditions.
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Melrose plans further Charter International bids after profit rise
Manufacturing
Manufacturing buyout firm Melrose is preparing another offer for rival Charter International after revealing a rise in profits.
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Morgan Motor Company ready for US market after 3 Wheeler success
Manufacturing
Malvern car maker Morgan is already eyeing up the highly lucrative US market after notching up soaring sales of its new 3 Wheeler model.
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Cobra Ƶ creates jobs after £20m of orders
Manufacturing
Fifty jobs have been created by an automotive supply chain firm after more than £20 million worth of orders for a new product.
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Metals group reveals jobs boost in Redditch
Manufacturing
New jobs are being created in Redditch after Russian metals group VSMPO-AVISMA announced plans to expand in the town.
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Manufacturer Hill & Smith reveals profit fall
Manufacturing
Profits have fallen by almost a quarter at manufacturer Hill & Smith despite a slight increase in sales.
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Umeco completes £1.9m Fenotec takeover
Manufacturing
Composites firm Umeco has agreed a deal to take over a German rival for £1.9 million as part of a new business plan.
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Birmingham waste efficiency scheme exported around the world
Manufacturing
A Birmingham-based manufacturing scheme described as “WD40 for the economy” has proved such a success it is set to be rolled out across Europe.
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Hampson boss given £500k pay-off despite fraud case and falling shares
Manufacturing
The boss of a listed company who was slammed by a High Court judge over a “fraudulent” business deal walked away from the firm with a pay-off of nearly £500,000.
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Jobs boost after HT Brigham's £4m deal
Manufacturing
Presswork firm HT Brigham has is recruiting 15 new employees after winning a contract worth almost £4 million.
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