Monthly Archives: September 2012

Rolls sells tidal power company to Alstom

Rolls-Royce is to sell its tidal power subsidiary Tidal Generation Limited to the French-owned Alstom. The acquisition is expected to be completed within the next few months. TGL is at the cutting edge of tidal stream turbine design, development and … Continue reading

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Manufacturers hit hardest by pensions deficits

Industrial companies in the FTSE 350 are most heavily affected by pension scheme deficits, according to a new survey. The research, conducted by actuary Barnett Waddingham, analysed the position of FTSE 350 companies, highlights the impact that old fashioned salary-related … Continue reading

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More advanced manufacturing jobs on the way for graduates

An additional 200 graduates are expected to be recruited by businesses in the advanced manufacturing and engineering sector across the UK after funds to support their employment and training were announced yesterday (Monday 24 September). Semta, the sector skills council … Continue reading

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New Norbar factory will expand output

Norbar Torque Tools has officially opened a new 170,000 sq ft production site – more than three times the size of its present Banbury head office and factory. It will allow the torque and measuring equipment specialist to expand manufacturing … Continue reading

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Moderate boost to manufacturing output but ‘conditions remain difficult’ – CBI

UK manufacturers’ order books improved compared to the disappointing figures from August and modest growth in output can be expected in the coming three months, the CBI said today (Thursday). Of the 425 manufacturers responding to the latest monthly Industrial … Continue reading

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US business to flow from medical innovation

A Birmingham-based metal finishing specialist is aiming to win business in the US as well as at home after creating a medical breakthrough that allows delicate heart blood flow stents to be electropolished in one single operation, improving productivity and … Continue reading

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Youth contract fails to hit mark for manufacturers – EEF survey

The government’s flagship programme to help get the long term unemployed back to work is seeing virtually no take up from Britain’s manufacturers due to a lack of awareness and, a fear that the absence of basic skills is dissuading … Continue reading

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