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Manufacturing

Versarien makes administration announcement amid financial woes
Insolvency and Administration
The Gloucestershire-based company has been attempting to restructure in a bid to shore up its finances
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Rolls-Royce raises profit guidance after revenue jumps by almost £1bn
By City AM
The FTSE-100 engineering giant has reported an underlying pre-tax profit of £1.68bn for the first six months of its financial year
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Bakery group says profits grew despite rising costs as it continues to invest in global manufacturing
Food and Drink
Wirral-based group invested in Yorkshire chocolate production lines
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Vauxhall owner Stellantis to incur £1.3bn costs from US tariffs post EU deal
By City AM
The automaker confirmed in a half-year update that it had already incurred levies of €300m on its US exports this year, and expects that figure to rise dramatically in the wake of the US-EU trade pact
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Astrazeneca sees demand for cancer drugs soar as it mulls US listing
By City AM
Total revenue rose 11 per cent to $28bn (£12.98bn) in the first half of the year, driven by double-digit growth in Oncology and BioPharmaceuticals, the pharmaceutical giant told markets this morning
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Supermarket supplier Cranswick to ramp up investments after strong start to the year
Food and Drink
Cranswick said it is accelerating the pace of capital expenditure to add capacity and expand capability across its operations
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Opinion: How devolution can help the North's professional services sector – and beyond
Professional Services
Robert White, CEO of independent law firm Brabners and co-chair of the True North Network, on renewed backing for the North’s professional services industries and the launch of Greater Manchester's Local Industrial Strategy
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Airbus workers vote to strike in pay dispute
Industrial
More than 3,000 aircraft fitters and engineers at Broughton in Flintshire and Filton near Bristol, were balloted by the union Unite
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Liquidators appointed at engineering firm as it shuts after a century
Insolvency and Administration
Woollacott Gears specialised in the production of precision gears and engineering components
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New fertiliser facility opens as manufacturer targets expansion in South West England and Wales
South West
Glasson Fertilisers has been producing and importing agricultural fertilisers since 1990 and is a subsidiary of Wynnstay Group Plc
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Rolls-Royce's profits soar as super-rich buyers rush to personalise their motors
By City AM
Rolls-Royce Motor Cars said the rise in demand for its bespoke offering - which lets buyers tailor their car to their exact requirements - helped boost its profit in 2024
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Lindsey Oil Refinery owners being investigated following firm's collapse
Insolvency and Administration
The owners of the company behind the Lindsey Oil Refinery are being investigated by the Insolvency Service, the Government has confirmed
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Versarien settles out of court with former chief executive
Law
The Gloucestershire-based engineering company has paid out - but says there is no admission of any liabilities
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Astrazeneca axes plans for º£½ÇÊÓƵ expansion to pump $50bn into US
By City AM
Astrazeneca said it will spend the huge sum over the next five years, including on a new manufacturing facility in Virginia, its largest-ever single manufacturing investment
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Military drone factory to open in South West, creating 100 jobs
Armed Forces
German defence company Stark has confirmed it is expanding into the º£½ÇÊÓƵ
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JLR cutting up to 500 management roles
Jaguar Land Rover
Jaguar and Range Rover manufacturer says the move is 'part of normal business practice'
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Furniture maker rescued from administration, saving 53 jobs
Insolvency and Administration
The company has been operating for nearly half a century
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Japanese automotive group Astemo investing £100m and creating 200 jobs in Greater Manchester
Automotive
Andy Burnham says move 'puts our city-region at the forefront of the electric vehicle revolution'
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Expansion for manufacturer following funding deal
West Midlands
The Active Hands Company was founded by Rob Smith after a life-changing spinal cord injury left him partially paralysed in all four limbs
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McVitie’s owner Pladis investing £68m in º£½ÇÊÓƵ sites – including big boosts for Stockport Jaffa Cake plant at Aintree's Jacob’s Cream Cracker bakery
Food and Drink
Move will see robotic chocolate moulding line in Stockport and new ovens at Liverpool bakery
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Aviation textile company opens larger production facility in Somerset
Somerset
The company has long-standing relationships with Boeing Defence º£½ÇÊÓƵ and Leonardo
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Pennant International agrees global partnership deal with Siemens
Deals
The AIM-listed company has also entered into a collaboration agreement with a German software business
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Work starts on new £1.25bn electric arc furnace for Tata at Port Talbot
Wales
The electric arc furnace will make greener steel from scrap.
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Avonmouth food flavourings firm Plant-Ex appoints new director
Food and Drink
She will support the company's continued growth and will be responsible for product safety
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