News - Page 3 of 20 - Reshoring UK

Manufacturing Latest News – August 2018

Britain’s manufacturing industry has fallen to ninth in the world behind France, reversing a recovery in its performance since the financial crash. The UK’s total manufacturing output stayed ahead of Brazil and Indonesia but slipped below France and remained well adrift of Germany in fourth position and Italy in seventh at the end of 2016. The figures show a troubling decline in the UK’s international standing after the Brexit vote and emphasises the uphill task of regaining its position of seventh ... Read more

Rail Latest News – August 2018

Plans to bring rail services back to Darlaston and Willenhall after an absence of more than half a century have taken a major step forward. Mayor of the West Midlands Andy Street announced today that seven acres of land in Cemetery Road, Darlaston had been secured – completing another piece of the land jigsaw required for the new station. The land has been sold by property developers and investors St Francis Group to the West Midlands Combined Authority (WMCA). The new ... Read more

Aerospace Latest News – August 2018

Rolls-Royce has revealed plans to build on its share of the Chinese market after the first Airbus A350 aircraft powered by its Derby-built Trent XWB engine landed in the country. Sichuan Airlines has ordered an Airbus 350 and will start using the aircraft later this month (August).   China is the world’s second-largest civil aviation market and Rolls-Royce says it presents ‘tremendous opportunities”. The Derby manufacturing giant powers over half of the region’s wide body fleet, with 20% of Trent engine orders coming ... Read more

Automotive Latest News – August 2018

Jaguar Land Rover Solihull has been at the centre of that transformation for more than 10 years, and in 2017 it won The Manufacturer Manufacturing Excellence Award for ‘Leadership and Strategy’ at the first attempt.   Since the 2008 buyout of Jaguar and Land Rover (JLR) by India’s Tata Motors, JLR has become a global success story. Tata’s strategy was to invest heavily in growth at a time when other multinationals were retrenching following the worldwide financial crash. Since then, JLR has continued ... Read more

UK Casting Industry Census shows industry growth – but challenges remain

The latest Census of the UK Foundry and Casting Industry shows that there has been an 11% increase in sales revenue in the last two years, together with a continuing rise in productivity and high levels of capacity utilisation. Improvements in efficiency and value added services have taken place, with more than half the firms reporting investments in capital equipment within the past two years and over 70% providing value added services such as rapid prototyping, innovative design and simulation and ... Read more

Export Focus for Casting Companies Highlights Importance of Trade Negotiations

Nearly 50% of UK foundries export castings, with 80% of these exports going into the EU – such are the findings of the 2017 Casting Industry Census published this month. For larger companies, with over 100 employees, 50% of turnover is being exported (for companies with over 50 employees the figure was almost 41%). Indeed, 16% of the total industry turnover was exported making it a significant part of the industry’s income. The UK investment casting sector makes up 50% of ... Read more

Flying high after five days at Farnborough

The Midlands Aerospace Alliance is flying high after enjoying its most successful year yet at the Farnborough International Air Show. More than 80,000 trade visitors and delegates attended this year’s event, which kicked off on July 16, including Bank of England Governor, Mark Carney, who was hosted by the MAA on its stand. The MAA’s appearance at this year’s show followed hot on the heels of the publication of its latest MAA Survey. According to this year’s set of results, turnover within the ... Read more

Aerospace News, July 2018

Rolls-Royce is set to be at the forefront of a £343m “revolution” in electric and hybrid planes, the government has announced. Rolls-Royce will work with Airbus and Siemens on the £58m E-FAN X project aimed at developing a flight demonstrator for hybrid-electric propulsion for commercial aircraft. The project, says the government, will bring forward hybrid-electric technology which will deliver improved environmental performance that is cleaner, quieter and introduce re-evaluations of the entire design of aircraft. Rolls-Royce will also spearhead a £70m ULTRAFAN® ... Read more

Manufacturing News, July 2018

Companies across the Black Country have been experiencing cash flow issues in recent months. A new quarterly economic survey has revealed. The survey was carried out by the Black Country Chamber of Commerce with the Black Country Local Enterprise Partnership and in manufacturing 75% of respondents reported either improved or constant levels of cash flow in the second quarter of this year, a significant fall from 90% in the previous quarter. Cash flow is also proving to be a concern amongst manufacturing ... Read more

Automotive News, July 2018

High-performance testing and development engineers from Toyota Motorsport have joined forces with the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) in a bid to remain in pole position of the automotive technology grid. Toyota Motorsport GmbH (TMG), whose parent company is Toyota Motor Corporation, has built its reputation in motorsport via World Rally, Formula 1 and now the FIA World Endurance Championship, which includes the Le Mans 24 Hours. In parallel to its motorsport activities, TMG also carries out a wide ... Read more
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