Reshoring & Manufacturing News - Page 5 of 53

Shipbuilding News – Late July 2022

British shipyard, Harland & Wolff, has been awarded a £55 million contract to regenerate a former Royal Navy mine-hunting vessel, HMS QUORN. On behalf of the Lithuanian Government, the Defence Equipment Sales Authority (DESA) awarded the contract that will see HMS QUORN renovated and restored, bolstering NATO maritime capability in Europe. https://www.gov.uk/government/news/55-million-to-restore-mine-hunter-for-nato-ally?utm_medium=email&utm_campaign=govuk-notifications-topic&utm_source=1cc00c63-bd5a-4bb1-825b-7ae453d5eab7&utm_content=daily

Power Generation News – Late July 2022

The secretary of state for business, energy and industrial strategy (BEIS) has signed the development consent order for the proposed Sizewell C nuclear power plant. Signing the development consent order (DCO) has the effect of granting planning permission for the construction of a £25bn new nuclear plant in Suffolk. https://www.theconstructionindex.co.uk/news/view/sizewell-c-gets-development-consent ____________________ A UK fund has acquired Nissan's latest solar power project in a £10.6m deal that will see the car maker purchase power generated over a 20-year agreement. Atrato Onsite Energy, a specialist fund set up ...

Manufacturing News – Late August 2022

Growth in manufacturing output and orders eased in the quarter to July, slowing to more typical rates of expansion following a period of exceptionally strong growth over the previous year. Average costs and prices continued to rise sharply, although growth eased from recent highs. Optimism within the sector fell for a third consecutive quarter. However, investment intentions generally improved, and employment within the sector continued to grow at a robust pace, though less quickly than expected last quarter (for the third quarter ...

Aerospace News – Late July 2022

The Aerospace Growth Partnership’s (AGP) mission is to make the UK a world leader in the development and manufacture of the most sustainable aircraft technologies, where globally competitive businesses, supported by a strong national ecosystem, provide high quality jobs and growth throughout the UK. The new AGP Strategy, Destination Net Zero, launched at the Farnborough International Airshow 2022, sets out how UK aerospace will work towards reducing the climate impact of aviation and secure the UK’s position as a world leader for ...

Automotive News – Late July 2022

UK car production down a fifth in first half but shortages beginning to ease. UK car manufacturing falls -19.2% to 403,131 units in turbulent first half year, but 5.6% June uplift, the second consecutive month of growth, cause for optimism. Battery electric vehicle production increases by 6.5% during first six months to record levels as £3.4bn investment committed to UK’s zero emissions future in H1. Latest independent outlook targets 1.2% uplift in overall output this year, with firmer recovery to follow ...

Steel News – Early July 2022

A metal sector trade body warns that thousands of manufacturing jobs and tens of companies could still be lost in the domestic supply chain if the Government does not reconsider its approach to steel safeguarding. The stark warning comes from The Confederation of British Metalforming (CBM), which has seen its 200+ members severely impacted from tariffs designed to protect parts of the UK steel production sector that are currently ill equipped to meet actual domestic demand. This means tier1s and sub-contractors to automotive, ...

Railway News – Early July 2022

Work to make Billingham station more accessible is going ahead, as part of a programme to improve journeys for Northern passengers. Diggers moved in earlier in the week to start building a base for rail workers to move the £3.59m plan forward. A new and improved bridge will connect the station’s two platforms by Spring 2023, and step free access will be made possible using two state-of-the-art lifts. It will be the biggest change to the station since 1966. The result will be an ...

Nuclear News – Early July 2022

Engineering firm Rolls-Royce has shortlisted six sites for a major new factory building nuclear reactors. The government wants to build 16 Small Modular Reactors (SMRs) in the next 25 years to secure the UK's energy supply and hit its net-zero target by 2050. They would be built on a production line and assembled at existing sites. The potential factory locations are: Richmond in North Yorkshire, Deeside in Wales, Ferrybridge, Stallingborough in Lincolnshire, Sunderland and Carlisle. https://www.bbc.co.uk/news/uk-england-62038190

Industrial Metal News – Early July 2022

The UK’s first-ever centre to collect and analyse information on the supply of critical minerals, which are vital to the UK’s economic success and national security, has officially launched, Industry Minister Lee Rowley announced on Monday 4 July. Based in Nottingham, the Critical Minerals Intelligence Centre (CMIC) will improve the resilience of the UK’s critical mineral supply chain by providing policymakers with up-to-date data and analysis on supply, demand, and market dynamics. This data will then be used to develop evidence-based policies ...

Power Generation News – Early July 2022

The Global Underwater Hub says that floating offshore wind represents the greatest opportunity for the UK’s £8bn subsea industry of this generation. The new strategic, intelligence-led organisation is building a case for government to support the industry as an enabler with the greatest potential to deliver UK capability that will place it at the forefront of floating offshore wind. Through the UK Government’s Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS), up to £160m will be made available to scale-up the deployment of floating ...