Reshoring & Manufacturing News

UK CV production up for 10th straight month in October UK CV production rises 10.7% to 8,740 units, marking best October since 2019 and 10th consecutive month of growth this year. Overseas demand grows by 50.2%, while production for domestic market falls -28.4%. Year-to-date output increases 45.5% to 85,547 units, resulting in best performance since 2012. UK commercial vehicle (CV) production grew by 10.7% in October, with 8,740 vans, buses, trucks, coaches and taxis rolling off British factory lines, according to the ...

Automotive News – November 2022

UK car production output returns to growth in October UK car manufacturing output rises 7.4% in October as 69,524 units leave factory gates. Production for home and overseas markets up 12.5% and 6.3% respectively. Volumes year-to-date down -10.8% though output for UK market rises 8.8%. UK car production returned to growth in October, rising 7.4% to 69,524 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The rise followed September’s fall, which came after ...

Steel News – Late October 2022

LIBERTY Steel UK has successfully completed trials of ecoke - a sustainable new raw material that can replace anthracite, the main source of charge carbon in electric steelmaking, and reduce steel’s carbon footprint by as much as 30%. The ecoke initiative is part of LIBERTY’s drive to lead transformation of steel manufacturing through its GREENSTEEL strategy. Production at LIBERTY’s electric arc furnace in Rotherham generates just 10% of the direct emissions compared with traditional coal-based blast furnaces which produce the vast majority ...

Manufacturing News – Late October 2022

Britain’s manufacturers are set to ramp up their investment with a focus on boosting skills, net zero and R&D according to a major survey published today by Make UK and RSM UK. The survey also shows that while manufacturers support the decision to make the Annual Investment Allowance permanent, the measure overwhelmingly backed to boost investment, the majority of manufacturers believe that an increase in Corporation Tax will make the UK less attractive as a destination for foreign investment. https://www.themanufacturer.com/articles/manufacturing-set-for-investment-lift-off-make-uk-rsm-survey/

Power Generation News – Late October 2022

Work has begun on a first-of-its-kind net zero flexible power generation project in Worksop. VH Global Sustainable Energy Opportunities (GSEO) is funding the construction of two heat and power plants in the town which combine high-efficiency, gas-fired engine technology with a carbon capture and re-use system. The two projects are being funded without public subsidy or government support and have a combined capacity of 45MW. https://www.thebusinessdesk.com/eastmidlands/news/2064742-world-first-as-flexible-power-plant-project-kicks-off-in-nottinghamshire?utm_source=newsletter&utm_medium=email&utm_campaign=EastMidlands_26th_Oct_2022_Daily

Oil & Gas News – Late October 2022

British Gas owner Centrica has reopened its giant gas storage facility to boost the UK's supply over the winter. The energy firm said site would allow for "cheaper gas" to be stored for the colder months and help "reduce or stabilise costs" for households. https://www.bbc.co.uk/news/business-63423600

Energy News – Late October 2022

Outline plans will be revealed for a green energy hub at the former Thorpe Marsh power station site, near Doncaster. Property, renewable energy and minerals firm The Banks Group wants to create the flexible energy management hub through reclamation and restoration of the derelict former power station. There would also be biodiversity features including wetlands, woodlands and grassland on a 65-hectare area to the west of the village of Barnby Dun. https://www.thebusinessdesk.com/yorkshire/news/2100703-green-energy-hub-planned-for-derelict-former-power-station?utm_source=newsletter&utm_medium=email&utm_campaign=Yorkshire_18th_Oct_2022_Daily

Aerospace News – Late October 2022

Leeds-headquartered leisure travel giant, Jet2, has struck a deal with Airbus to buy 35 new A320 neo aircraft with the ability for this order to extend to up to 71 aircraft. Jet2 says this is designed to meet future anticipated growth of its Leisure Travel business and to refresh its existing aircraft fleet. The ordered aircraft deliveries will stretch over three years until 2031 and at base price represent a total value of about $3.9bn/£3.4bn with a total transaction value for up to ...

Automotive News – Late October 2022

JCB has developed a mobile hydrogen refueller for construction sites, describing it as a “world first for the industry". JCB is investing £100m in a project to produce hydrogen engines and has already developed working prototypes of a backhoe loader and Load all telescopic handler powered by hydrogen. JCB has a team of 100 working on its hydrogen project. The mobile hydrogen refueller represent another link to the vision of a hydrogen-powered future – providing a practical way for contractors to refuel their ...