Eurozone manufacturing: Fresh data shows steady recovery

The year’s first economic numbers show encouraging signs that the eurozone’s economic recovery is steady and moving in the right direction, despite gloomy predictions. Manufacturing expanded in December at its fastest pace since April 2011. Orders jumped, despite companies raising…

Manufacturer agrees Accordial deal

WEST BROMWICH manufacturer Ash & Lacy has bought moveable wall specialist Accordial Group after a search for an acquisition that would expand the company’s operations. Ash & Lacy, which was bought from Hill & Smith in 2011, works in the…

£3m manufacturing training & development centre’s vision

Detailed plans for a new state-of-the-art training hub in Shropshire were unveiled for the first time yesterday, with the aim of supporting ‘2020 learners by 2020’. More than 100 local businesses and stakeholders attended the £3m Marches Centre of Manufacturing…

Manufacturer creates jobs after post-Brexit vote sales boost

A leading Staffordshire fabrication specialist has cast aside uncertainty following the Brexit vote to secure more than £1.5m of new orders in just six months. Mec Com, which is part of the Manufacturing Assembly Network (MAN), has seen turnover rise…

JCB secures £35m order as plant hire firm looks to re-equip

STAFFORDSHIRE excavator manufacturer JCB has secured one of its biggest orders of the year as a major UK plant hire firm looks to upgrade its fleet.A-Plant is investing £35m in 1,200 new machines. The contract follows on from A-Plant’s purchase…

Manufacturing group disposes of German subsidiary in £177m deal

WEST Midlands engineering group GKN has sold a German subsidiary in a deal worth almost £177m.The announcement comes just five years after the Redditch-based group purchased Stromag Holdings in an undisclosed deal.GKN has sold the business, which it had integrated…

300 manufacturing jobs set for the West Midlands with new factory development

AROUND 300 new manufacturing jobs could be created in the West Midlands with construction of a new multi-million-pound development close to the site of Jaguar Land Rover’s engine plant set to begin shortly. Magna International, a supplier to JLR, has…

Chinese investors eye up West Midlands manufacturer

TWO Chinese industrial groups are said to be eyeing a bid for Staffordshire engineering giant Doncasters.According to reports, the Yinyi Group and Impro, both of which employ thousands of people across the world, are putting together takeover packages for the…

Manufacturing subsidiary targets growth after £18m MBO

AN £18m MBO and stock market exit by a leading engineering group is paving the way for its West Midlands subsidiary to begin product expansion.In a deal funded by HSBC’s corporate banking team in Birmingham, SWP Group has been acquired…

UK manufacturing growth ‘best for two years’

The UK’s manufacturing sector surged in September, growing at its fastest level since June 2014, a closely watched survey has indicated. The Markit/CIPS purchasing managers’ index (PMI) for the sector rose to 55.4 in September from 53.4 in August. A…