News - Page 4 of 19 - Reshoring UK

Energy News, June 2018

£2bn of new funding to help UK businesses invest in a more sustainable future and increase productivity has been announced by Lloyds Banking Group.   The Clean Growth Finance scheme aims to deliver the most Inclusive UK green funding in the market by providing the incentive of discounted lending to help businesses Invest in reducing their environmental Impact as well as reducing their environmental impact as well as boosting productivity more generally.   The funding will support all Commercial Banking clients across multiple ‘green lending’ ... Read more

Defence News, June 2018

A £60m nuclear submarine contract awarded by the Ministry of Defence is set to secure the jobs of 700 people at Rolls-Royce’s Derby plant. The MoD has said it is spending £960m on the second phase of construction for the UK’s four nuclear-armed Dreadnought submarines. £900m will got to BAE Systems, with the ‘remaining £60m to Rolls-Royce Defence, which will further the design and manufacture of the nuclear propulsion power plant. _____________________ BAE Systems has been awarded a £1.5bn contract for delivery ... Read more

Automotive News, June 2018

The Society of Motor Manufacturers and Traders (SMMT) has launched the Future Mobility Challenge, an initiative to spawn partnerships between leading automotive brands and Innovative technology start-ups and SMEs.   BMW, Jaguar Land Rover, Bosch, Ford and Toyota, have partnered with SMMT to encourage new and small businesses to devise solutions to seven key mobility Challenges.   Technology innovators can submit ideas that address these opportunities and the best solutions will be invited to pitch at the Future Mobility Challenge event in October.   If successful, applicants ... Read more

Aerospace News, May 2018

The University of Sheffield Advanced Manufacturing Research Centre (AMRC) and global aviation supplier GKN Aerospace have entered into a long-term partnership to work together on developing advanced technologies for the aerospace industry. The AMRC works closely with global leaders in the aerospace industry to develop innovative technology, manufacturing methods and techniques. The AMRC has signed a Memorandum of Understanding (MoU) with GKN Aerospace to progress a series of research themes they are developing together at the AMRC’s state-of-the-art Factory 050, the dedicated ... Read more

Manufacturing News, May 2018

The upturn in the UK manufacturing sector slowed further at the start of the second quarter, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI). Rates of expansion eased for output, new orders and employment, in part reflecting a weakening in the pace of expansion of new work from abroad. On the price front, input cost and output charge inflation moderated and, although still elevated, re below the highs seen at the turn of the year. The seasonally adjusted HIS Markit/CIPS 7-month low ... Read more

Rail News, May 2018

Network Rail has given Balfour Beatty an emergency repairs contract, worth up to £50m over the five-year term. The reactive building and civils contract was awarded through Network Rail’s route building and civils framework. Requires Balfour Beatty to take on rail infrastructure pairs and projects along the Great Western route, between London and Penzance, at short notice. To service the contract, starting in spring 2018, Balfour Beatty plans to open a new office in the Swindon area with a staff ... Read more

Energy News, May 2018

EDF Energy has said its plans for two major windfarms on the Isle of Lewis may need to reach heights normally preserved for turbines at sea, prompting an outcry from local opponents. The French company’s renewables unit said it may need to go higher for the project to be economically viable and win millions of pounds in government subsidies. Kerry MacPhee, who heads community liaison, told locals that one of the windfarms could be 200 metres (650ft) tall, with the other ... Read more

Power Generation News, May 2018

Lewis Wind Power wants to increase the maximum height of turbines at a site at Uisinis to 200m (656ft). The developer has also proposed increasing turbines to a site near Stornoway to a height of 187m (614ft). It said bigger turbines are more efficient and would help to attract subsidies to a subsea cable needed for exporting power to the mainland.   For more than 10 years, it has been planned to lay the cable, known as the interconnector, to link Renewable energy ... Read more

Automotive News, May 2018

The automotive industry can expect to achieve upwards of $160bn in annual productivity gains through the adoption of smart factory technology from 2023 onwards.  Almost half of all automotive business have invested more than $250m in smart factories, according to new research, more than any her sector.   The world’s top 10 automotive manufactures expect to realise an additional $4.6bn or 50% growth in operational profits – annually within five years of a full smart factory implementation.   The report, published by Capgemini’s Digital Transformation ... Read more

Engineering Industries Association 2018 – 2019 Overseas Funded Programme

The EIA have received confirmation of funding for events from the Department of International Trade until March 2019. Eligible UK SME companies could receive up to £2,500 for exhibiting, depending on the location of the show.   MANUFACTURING EXPO Leading Machinery and Technology Event for Manufacturing and Supporting Industries 20 – 23 June 2018, Bangkok, Thailand http://www.manufacturing-expo.com CIMES The 14th International Machine Tool Exhibition 26 – 30 June 2018 Beijing, China http://www.cimes.net.cn/en MTA VIETNAM The 16th International Precision Engineering, Machine Tools and Metalworking Exhibition 3 – 6 July 2018 Ho Chi Minh City, Vietnam http://www.mtavietnam.com MSPO 26th International Defence Industry Exhibition 4 – 7 ... Read more
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