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© 2024 a Reach plc subsidiary
Engineering
08:59, 21 NOV 2023
Wiltshire manufacturing company Avon Protection sees profits fall
Company Results
The firm announced its preliminary results for the year ended September 30
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Severfield confident amid rising profits and healthy pipeline
Engineering
The North Yorkshire steel specialist said some customers were delaying decisions amid economic instability
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North East deals of the week: key contracts, acquisitions and investments
Deals
Companies featuring this week include Tekmar, Hotel Chocolat, Danieli Group and Learning Curve together with Sunderland University and a consortium of colleges
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£400m global rail testing project signs research agreement with Swansea University
Engineering
The Global Centre of Rail Excellence project will offer international quality rail research, testing and showcasing of rolling stock and infrastructure
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Advanced Electric Machines ramps up growth plans with £23m investment
Deals
The Washington EV specialist will create around 40 jobs on the back of the investment deal
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Pensana and Yorkshire Energy Park to explore magnet metal plant opportunity
Industrial
Scores of jobs could be created with millions of pounds of investment in electric furnace technology in major East Yorkshire expansion
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Tekmar Group lands £2.5m contract in 'strategically important' Middle East
Engineering
The North East engineering firm will provide cable protection systems to the unnamed client
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Law Firm Osborne Clarke advises space sector specialist Telespazio UK on acquisition
Aerospace
The Bristol-founded company advised Telespazio on its acquisition of leading UK independent space systems engineering and consultancy group e2E Group
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Union leaders call for joint task force to protect 100s of jobs at Derby Alstom rail plant
Engineering
550 workers are at risk at the Alstom train manufacturing site in Derby, along with 780 contractors
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Spirax-Sarco sees production slow as demand shrinks
Company Results
The FTSE-100 engineering company said trading reflects a "weaker macro-economic environment"
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Work starts on 200 acre Derbyshire warehouse park which could one day create 4,000 jobs
Construction
New Stanton Park has outline planning for a industrial/warehouse units ranging from 11,000 sq ft up to 1m sq ft
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Ambitious Cardiff startup makes ninth acquisition in 18 months
Deals
Flotek has bought Cardiff firm Ikona IT Solutions
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Crapper and Sons says landfill greenhouses plans could create hundreds of jobs
Environment
The Wiltshire waste management firm said its proposals could be replicated at sites across the country
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Latest East Midlands Movers and Shakers: Flint Bishop, Notts LGBT+ Network, Adey Steel, GSSArchitecture, Pinelog, Knights, David Wilson and Lemon & Lime
Appointments
Changes include ex-Freeths partner Jon Jefferies joining the commercial litigation team at Flint Bishop
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Plymouth Science Park welcomes engineering design software
Technology
Measurement Solutions’s nTop software will add to the Park’s digital design and manufacturing capabilities
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Hayley Group’s Exeter branch relocates to new premises
Engineering
Hayley Group is part of DEXIS Europe, the industrial arm of multi-billion-Euro distributor Descours & Cabaud
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Defence firm Babcock sees revenues rise as global demand for arms grows
Company Results
The group runs Plymouth’s Devonport Dockyard and employs more than 5,000 people in the port city
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Rolls-Royce completes Sustainable Aviation Fuel tests ahead of first transatlantic flight using 100% green fuel
Engineering
CEO Tufan Erginbilgic called it an 'important milestone for both Rolls-Royce and the wider aviation industry'
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BAE Systems sees a £10 billion rise in orders as global conflict continues
Company Results
The group builds submarines, fighter jets and ships and has bases across the country
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Defence firm Babcock signs £750 million submarine contract
Deals
The group runs Plymouth’s Devonport Dockyard and employs more than 5,000 people in the port city
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Mining firm Tungsten West appoints new chief financial officer
Appointments
The AIM-listed company is looking to revive production of tin and the rare metal tungsten at the Hemerdon mine near Plymouth
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Airbus earnings soar as plane production ramps up
Company Results
The aerospace giant employs thousands of people at its UK sites in South Gloucestershire and North Wales
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GEV heads Down Under with major acquisition of Australian wind turbine repair business
Deals
Australian business taken on by team headquartered in the Humber
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Graphene firm Versarien raises £450,000 at it continues recovery plan
Finance
The Gloucestershire engineering firm is the midst of a turnaround strategy after posting widened losses earlier this year
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