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25 May, 2024

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Mercedes buys UK motor-maker Yasa to power new AMG EVs

23 July, 2021

Mercedes-Benz has bought the UK electric motor developer and manufacturer Yasa and will use its axial-flux electric motor technology to power a new generation of high-performance all-electric AMG cars due to be launched in 2025. Yasa will operate as a wholly owned subsidiary of Mercedes-Benz, developing ultra-high-performance e-motors, while retaining its own brand, team, facilities, and continuing to supply existing customers. The terms of the deal have not been disclosed.

Covid isolation stops production at 13% of UK manufacturers

22 July, 2021

More than three quarters (77%) of UK manufacturers are reporting that employees self-isolating after being “pinged” by the NHS Covid-19 track-and-trace app is affecting their business, especially in the past two weeks. Almost a quarter (22%) of 436 companies surveyed by the manufacturers’ organisation Make UK on 21 July reported that up to 10% of their staff were having to isolate, with 13% of companies saying that they have already had to stop some production.

Decline in UK exports to EU began before Brexit happened

19 July, 2021

The UK manufacturing sector’s dependence on the EU was starting to ebb away even before the UK left the Union and the trade deal was signed at the end of last year, according to new analysis by the manufacturers’ organisation Make UK and the business advisory firm BDO. In their annual Regional Outlook report, they also confirm an earlier conclusion that the Covid-19 pandemic wiped £18bn off the value of the UK’s manufacturing sector between 2019 and 2020.

UK axial flux motor developer goes public, raising £37.5m

09 July, 2021

The UK electric motor developer and manufacturer Saietta Group, which specialises in axial-flux technology (AFT) motors, has listed on the London Stock Exchange’s AIM market, raising expected gross proceeds of £37.5m with a market capitalisation of around £102.1m at the issue price.

Manufacturers ask Government to help cure post-Brexit blues

02 July, 2021

Almost all (96%) of UK manufacturers that do business with Europe say they have faced challenges since the new post-Brexit trading arrangements with the EU were introduced at the start of 2021. A survey conducted by the manufacturers’ organisation Make UK reveals that almost half (47%) of the companies had initial difficulties with the new customs processes, although this has eased as their understanding of the rules has improved

Turntide buys third Tyneside firm to add to transport division

01 July, 2021

The Californian electric motor developer and manufacturer Turntide Technologies has bought a third business in the North East of England – Cramlington-based Avid Technology, which designs and manufactures powertrain components and systems for heavy-duty and high-performance electric and hybrid vehicles. The deal comes just one month after Turntide bought Hyperdrive Innovation and the engineering technical centre of BorgWarner Gateshead to form the basis for a new UK division focusing on intelligent motor systems for the commercial transport industry.

RSE buys Blackburn Starling to take water industry lead

29 June, 2021

The Scottish engineering group RSE is buying the Nottingham-based manufacturer and systems integrator Blackburn Starling & Co for an undisclosed sum. RSE sees the deal as a pivotal move in establishing itself as the UK’s leading Meica (mechanical, electrical, instrumentation, controls and automation) contractor to the water treatment and recycling market.

Make UK doubles 2021 growth forecast to 7.8%

14 June, 2021

The UK’s manufacturing sector is set to recover much of the “brutal” 10% decline that it suffered during 2020, and to outpace the growth of the UK economy as a whole this year, according to a survey and study published by Make UK and the business advisory firm BDO. They have doubled their 2021 growth forecast for the manufacturing sector from 3.9% to 7.8% (and are expecting the UK economy as a whole to expand by 7.5% this year).

Start-up brings analytics to machines for under £180

09 June, 2021

A UK start-up claims to have slashed the cost of entry to Industry 4.0 machinery analytics to less than £180, with the launch of a cloud-based app and sensor system that, it says, can analyse the performance of any machine and can be set up in less than five minutes. The Sheffield-based company, FourJaw Manufacturing Analytics, is a spin-out from the Advanced Manufacturing Research Centre at the University Sheffield.

US motor-maker buys two UK firms to form a transport division

08 June, 2021

The Californian motor developer Turntide Technologies, has acquired two UK businesses, Hyperdrive Innovation and the engineering technical centre business of BorgWarner Gateshead, and plans to use them as the basis for a new division focusing on intelligent motor systems for the commercial transportation industry. Financial terms of the deals have not been disclosed.

Output, orders, prices and staffing all hit record highs in May

01 June, 2021

Conditions in the UK manufacturing sector improved at an unprecedented pace in May, as output growth strengthened and new orders rose at the fastest pace in the near three-decade history of the IHS Markit/CIPS PMI (Purchasing Managers’ Index). Production, staffing levels, business sentiment and export orders all hit record or near-record rates.

Manufacturing grows at fastest since 2018, but prices are rising

24 May, 2021

Last month, the UK’s manufacturing output grew at its fastest rate since December 2018, according to the latest monthly industrial trends survey by the Confederation of British Industry (CBI). The survey of 272 manufacturers found that output expanded in 12 of 17 sub-sectors, with the growth being driven mainly by the chemicals, electronic engineering, and metal products sectors. The manufacturers expect output to accelerate further in the coming three months.

RFID and fibre optic sensing firms win 2021 Queens Awards

06 May, 2021

A Cambridge-based company which has developed a patented technology that solves challenges associated with RFID (radio-frequency identification) readers, has won an Innovation award in this year’s Queens Awards for Enterprise.

Employers are offered up to £8,200 to take on an apprentice

05 May, 2021

Some smaller manufacturers can now receive up to £8,200 for hiring a new engineering apprentice by combining support schemes, according to the Manufacturing Technology Centre (MTC). In his budget earlier this year, the Chancellor Rishi Sunak doubled and extended the financial incentives available to support employers who create new jobs for apprentices.

UK manufacturing PMI almost broke all-time record in April

04 May, 2021

The UK manufacturing PMI (Purchasing Managers’ Index) came close to setting an all-time record in April when it hit 60.9 – its highest level since July 1994, when it hit a peak of 61. The monthly survey, compiled by IHS Markit and CIPS, reveals that the growth of output and new orders were among the best for seven years, but the sector is still suffering from supply-chain delays and input shortages, leading to increased purchasing costs and record selling price inflation.

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