The Official Receiver confirmed that a sales contract has been entered into with Jingye Steel (UK) Ltd and Jingye Holding Ltd to acquire the business and assets of British Steel Limited. The sale includes the British Steel steelworks at Scunthorpe, UK Mills and shares of FN Steel BV, British Steel France Rail SAS and TSP Engineering […]
UK new car registrations in October were down -6.7% at 143,251 units according to SMMT data. Sales to fleet buyers remained almost unchanged year on year but sales to private buyers fell -13.2% and to business buyers by -30.3%. Petrol car registrations accounted for 60.1% of the market. Diesel car share fell to 24.2% from […]
SHEP seminar aims to prepare engineering SMEs for 2020 HSE inspections 31st October 2019: The Safety and Health Engineering Partnership (SHEP) is running a one-day welding fume and metalworking fluid seminar on November 26th to help SMEs keep their workforces safe and their companies on the right side of the law. The main focus of […]
The IHS Market/CIPS UK Construction Total Activity Index® improved slight in October to read 44.2, up from 43.3 in September. However, it still indicated a sustained decline in UK construction output for the sixth consecutive month. The latest survey also revealed a sharp drop in new works, with new orders dropping for the seventh consecutive […]
The Eurozone manufacturing sector continued to contract sharply in October. The IHS Markit Eurozone Manufacturing PMI® read 45.9, virtually unchanged from September’s 45.7. Investment and intermediate goods sectors both registered marked contractions, although the rate of deterioration in the consumer goods sector remained marginal.Germany remained the principal source of weakness with a PMI reading of 42.1. Austria recovered […]
CBM held its first Fastener Manufacturing Technology & Services Mini-Expo on 16th October at the National Metalforming Centre and the feedback received from participants has been consistently positive. Exhibitors and visitors particularly liked the fact the event was tightly focused on the fastener manufacturing sector. One visitor commented: “it really had a family feel about […]
Thirty-six members of the CBM Fastener and Forging Sectors visited the Advanced Manufacturing Research Centre, University of Sheffield. The two groups received an informative introduction to the AMRC from Louise Cowling, Head of Degree Apprenticeships, before taking a guided tour of Factory 2050. The AMRC launched its cutting edge Factory 2050 advanced manufacturing research facility […]
High strength threaded fasteners are critical components in the assembly of virtually every form of transportation and industrial machinery. Industry accepted standards for the measurement and performance of these critical parts have existed for decades, but recent failures of threaded fasteners in service and qualification testing are bringing new focus to the critical area between […]
JLR confirms EV range to be built at Castle Bromwich Jaguar Land Rover confirmed it will build a range of new electrified vehicles at its Castle Bromwich manufacturing plant from 2020. The first model to be produced will be the next-generation all-electric Jaguar XJ luxury saloon. The announcement was made as the last of the […]