Wednesday, April 21, 2021

Manufacturing

Mansfield furniture manufacturer announces record £9.4m orders for last quarter

Mansfield-based Deanestor, one of the UK’s leading furniture and fitout specialists to the construction sector, has been awarded £9.4m of new orders in the last...

New owners for Leicester knitted fabric firm

Knitting Division Ltd, a manufacturer of weft knitted fabrics used to make ladies fashion and childrenswear, has been purchased out of administration by private...

‘Superdeduction’ tax incentive to provide sharp boost to investment for manufacturers

The introduction of the 'superdeduction' tax incentive is set to provide a sharp boost to investment this year for manufacturers as companies plan to...

New HQ for engineering firm as multi million-pound loan facility secured

Following support from ASG Finance, Leicestershire-based engineering firm Slack & Parr has now relocated into brand-new headquarters. ASG provided a multimillion-pound loan facility to enable...

Work starts on world’s largest aero-engine in Derby

Rolls-Royce has officially started building the world’s largest aero-engine, UltraFan®, which it says will help "redefine sustainable air travel for decades to come." Work on...

Grant to boost electrification support for businesses at University of Nottingham

The University of Nottingham has been awarded a share of the £28.5m award by Driving the Electric Revolution, part of the Industrial Strategy Challenge...

boohoo ceases business with manufacturers as it looks to create “vibrant manufacturing base in Leicester”

Online fashion retailer boohoo has published details of its manufacturers and a new sustainability strategy, whilst looking to create a "vibrant manufacturing base in...

Rolls-Royce’s sale of Bergen Engines stopped by Norwegian government

The Norwegian government has stopped Rolls-Royce's sale of Bergen Engines to Russian company TMH Group on security grounds. Rolls-Royce said it had contacted the authorities in...

Manufacturing outlook improves in March

Manufacturing output volumes in the three months to March improved to broadly flat, which marked their highest balance since May 2019. That’s according to...

Industry begins to move through the gears as recovery takes hold

Britain’s manufacturers are beginning to move through the gears as growth prospects become more positive for the rest of the year, according to a...

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