Reshoring & Manufacturing News - Page 17 of 53

Rail News – Early August 2021

A major new body of research argues a lack of urgency and vision on delivery of transport infrastructure across the North and Midlands is undermining “levelling up”. It warns that without greater connectivity within and between cities, as well as into HS2 and the rest of the national rail network, city regions will continue to lag behind. Jointly commissioned by not-for-profit trade bodies Sheffield Property Association and London Property Alliance, which together represent over 500 leading property companies across South Yorkshire and London, ...

Power Generation News – Early August 2021

Rolls-Royce has agreed to sell its Bergen Engines business in Norway to Retford-based Langley Holdings in a deal worth £60m. The deal is part of the Derby manufacturer’s plans to dispose on non-core businesses and save £2bn. The sale includes the Bergen Engines factory, service workshop and foundry in Norway; engine and power plant design capability; and a global service network spanning more than seven countries. Bergen Engines employs more than 900 people worldwide including 650 in the main factory in Hordvikneset. Langley ...

Oil & Gas News – Early August 2021

A newly-released report by Scottish Enterprise says that Scotland can become a world-leading producer and exporter of clean hydrogen within the next ten years due to its unique geography, infrastructure and energy expertise. It also finds that the development of clean hydrogen technologies and large-scale deployment will be paramount to the success of Scotland’s target of net zero by 2045. The report was commissioned by Scottish Enterprise and undertaken by the Offshore Renewable Energy (ORE) Catapult and the Net Zero Technology Centre, ...

Manufacturing News – Early August 2021

The University of Huddersfield’s Centre for Precision Technologies will receive £3m over the next five years to lead research programmes to drive significant advancements in machinery design and performance. The news follows the Government’s recent announcement that over £100m of new investment through its Strength in Places Fund will support five new landmark regional programmes. One of these is the West Yorkshire and Greater Manchester based Advanced Machinery and Productivity Initiative, known as AMPI, which consists of 10 partners, including the Centre for ...

Automotive News – Early August 2021

Bentley Motors has posted the company’s 2021 half-year performance, with sales and profit levels unmatched in Bentley’s 102-year history. This includes an operating profit of €178 million, greater than any profit figure posted for a full-year period by the company. Moreover, retail sales increased by 50% from a pre-COVID 2019 figure of 4,785 to 7,199 in 2021. These sales were well-balanced between the luxury marque’s three model lines, Bentayga (2,767), Continental GT (2,318) and Flying Spur (2,063). https://www.mtdmfg.com/news/bentleys-sales-and-profit-levels-unmatched-in-its-102-year-history/ Some of the UK's largest commercial ...

General Industrial News – Late June 2021

Protolabs has achieved DNV certification for 3D printed Inconel parts for the oil and gas industry. The digital manufacturer worked closely with DNV to achieve ‘Qualification of Manufacturer’ certification. Protolabs is among the first manufacturers in the EMEA region to achieve the certification, and the first certified manufacturer using powder bed fusion technology in its additive process, which gives high resolution and geometrical accuracy. The certification applies to Protolabs’ direct metal laser sintering (DMLS) technology, specifically for the superalloy Inconel 718 – a high-strength, ...

Energy News – Late June 2021

Businesses do not believe the Government is being ambitious enough in efforts to create a "world-leading" hydrogen market, with the commitment of 5GW of green and blue hydrogen by 2030 failing to generate confidence within the private sector. Under the Government’s Ten Point Plan, the UK will aim to generate 5GW of low-carbon hydrogen production capacity by 2030. Up to £500m will be invested in a bid to create a Hydrogen Neighbourhood in 2023, a Hydrogen Village by 2025 and to create ...

Power Generation News – Late June 2021

Engineering specialist Sheffield Forgemasters will begin exploring how to manufacture a vital part of a new facility to demonstrate nuclear fusion technology. The General Fusion project is an important step to bringing the benefits of zero-carbon fusion energy to the world. The Fusion Demonstration Plant will showcase General Fusion’s Magnetized Target Fusion nuclear power technology at the UK Atomic Energy Authority’s Culham Campus, which is a leading hub of fusion research. Sheffield Forgemasters is using its extensive experience and manufacturing capabilities in nuclear power ...

Aerospace News – Late June 2021

The US and the EU have agreed a truce in a 17-year trade dispute over subsidies for Boeing and Airbus. Under the agreement, both sides will remove taxes on $11.5bn (£8.2bn) of goods, including wine, cheese and tractors, for five years. Those tariffs, imposed by both sides as punishment in the escalating dispute, had already been suspended in March while they tried to resolve matters. In March the US suspended tariffs on UK imports arising from the dispute. US President Joe Biden had a summit ...

Manufacturing News – Late June 2021

Britain’s manufacturers are accelerating as growth prospects become significantly more positive for the rest of the year, according to a major survey published by Make UK and business advisory firm BDO. Having seen a brutal 10% decline in output in 2020, the sector is now set to recover a significant amount of that loss in 2021 and outpace the growth of the economy overall. This growth is based on a surge in both domestic and overseas orders which is translating into strong ...