Manufacturing news
June 2002
Devonport to build super yacht
Devonport Royal Dockyard has won a multi-million-pound contract to build one of the world's most lavish yachts.
28 Jun 2002 8:57
Railtrack buyout deal confirmed
Railtrack shareholders will receive 245-255p a share in a £500m government deal to buy out Railtrack and put the railways under the control of a not-for-profit-company.
27 Jun 2002 10:53
Brown will back BoE rate hike
UK Chancellor of the Exchequer Gordon Brown has said he would back any decision by the Bank of England's monetary policy committee to raise interest rates.
26 Jun 2002 8:55
Christian Salvesen wins multi-million pound automotive contracts
Three deals strengthen Salvesen's domination of automotive spare parts
25 Jun 2002 8:57
Steel giant makes heavy losses
The world's largest steel maker, Arcelor has posted a heavy net loss, complaining of a 20-year low in steel prices.
25 Jun 2002 9:05
British firms told to prepare for euro
The British Chamber of Commerce (BCC) is preparing to launch a campaign to ensure its 135,000 members are ready for the single currency.
24 Jun 2002 9:12
Ford: further cuts if targets are missed
Ford Motor Company has warned that further job cuts and plant closures will have to made if it fails to meet the US company's targets.
24 Jun 2002 8:32
McKinnon & Clarke complete acquisition of Swiss-based ERPAG
McKinnon & Clarke, the multi-utility specialist firm, has successfully completed the acquisition of Swiss-based ERPAG, with the purchase of 100 per cent of ERPAG's share capital.
24 Jun 2002 9:11
Manufacturing recovery creeps forward
The manufacturing recovery crept forward last month as orders improved but remained below normal, according to a CBI survey.
21 Jun 2002 9:40
Nokia sharply cuts sales forecast
Mobile phone maker Nokia has cut back sharply its growth forecast for handset sales.
20 Jun 2002 9:21
EADS not interested in buying Fairchild Dornier
European Aeronautic Defence and Space Co (EADS) said it continues to have no interest in taking stakes in insolvent Fairchild Dornier, after Bombardier said it will not buy Dornier's 728/928 aircraft programs.
19 Jun 2002 10:59
UK mobile retailer remains upbeat on 3G
Mobile phone retailer Carphone Warehouse is predicting that the introduction of multimedia messaging and 3G services will revive the flagging European mobile sector from 2003 onwards.
18 Jun 2002 9:54
Arthur Andersen guilty of obstruction of justice
Arthur Andersen has been convicted of obstruction of justice by shredding Enron-related documents.
17 Jun 2002 9:21
CBI economist highlights manufacturing job losses
Ian McCafferty, CBI Chief Economic Adviser, has expressed concern that manufacturers are shedding jobs at the fastest rate for nine years.
17 Jun 2002 9:20
J.D. Edwards launches new software products and services
The new and enhanced software products, part of J.D. Edwards 5, includes enterprise resource planning 8.0 and advanced planning (APS) 4.1 to meet the needs of manufacturing, distribution, and services companies.
17 Jun 2002 9:20
Railtrack set for takeover deal
A deal to hand Railtrack over to a new not-for-profit company is set to be signed next week.
14 Jun 2002 9:01
Consignia to axe 17,000 jobs
Postal group Consignia is to axe 17,000 jobs under a radical restructuring plan after losing a record £1.1bn last year. The job losses are on top of 15,000 redundancies announced in March.
13 Jun 2002 9:59
Hewitt announces boost for aerospace and defence e-business success
The UK aerospace and defence industry looks set to improve its e-business potential following the launch of a new £1.6 million e-business programme by Trade and Industry Secretary Patricia Hewitt.
13 Jun 2002 9:17
Williams Lea acquires Alistair McIntosh
Williams Lea, the independent corporate information outsourcing group, has acquired Alistair McIntosh, the UK print outsourcing company, for an undisclosed consideration comprising new shares in Williams Lea and cash.
13 Jun 2002 9:44
New product configurator from Exel
Exel has launched the latest web-enabled Java based version of EFACS software for manufacturers.
12 Jun 2002 10:00
Technology firms sign mobile alliance
Microsoft, NTT DoCoMo, Motorola, Nokia and Vodafone are among nearly 200 tech firms that have agreed to work together to develop universal standards for mobile devices.
12 Jun 2002 9:59
Profits rise for Jarvis
Jarvis, the company responsible for track maintenance where the Potter’s Bar rail crash happened, has reported a major increase in profits.
11 Jun 2002 13:52
MG Rover in Poland talks
MG Rover and the Polish Government are involved in discussions over the continuing operations of the Daewoo FSO plant in Warsaw and Daewoo FSO’s distribution operations in Poland.
10 Jun 2002 11:34
Record profits for Ryanair
Low cost airline Ryanair reported record profits of 172m euros (£111m) in the last financial year.
10 Jun 2002 8:52
Tate & Lyle's sweet profits
Tate & Lyle, the biggest sugar company in the world, has unveiled a sharp increase in profits, crediting a round of disposals and cost cuts.
07 Jun 2002 9:23
EU's Palacio says German demands over coal subsidy do not comply with EU rules
Loyola de Palacio, European Commission vice president, has said Germany's demands to allow long-term coal subsidies do not comply with EU rules.
06 Jun 2002 8:49
Manufacturing eases UK rate rise fears
Pessimism over the recovery of the UK's manufacturing sector are set to prompt Bank of Pessimism over the recovery of the UK's manufacturing sector is set to prompt Bank of England chiefs to resist the urge to raise interest rates.
06 Jun 2002 8:50
UK interest rates left on hold
The Bank of England has kept interest rates unchanged at 4.0 per cent for the seventh successive month.
06 Jun 2002 9:22
Gallaher unveils ST Dupont manufacturing deal
Gallaher has signed an agreement with Sampoerna International to make ST Dupont Paris cigarettes in Russia.
05 Jun 2002 8:45
Microsoft prepares to launch Jupiter E-business Suite
Microsoft is working to integrate a handful of its server products into an e-business suite, code-named Jupiter, according to CRN News.
05 Jun 2002 8:45
10,000 new products from one company
Press releases covering the introduction of every conceivable new widget descend on this magazine at such a rate that we could fill its pages with nothing else, but we rarely mention them because Industry is not a new product magazine.
01 Jun 2002 9:52
Branson’s manufacturing pickles
Ken Hurst finds out why Britain’s most famous entrepreneur won’t ever become a manufacturer - probably
01 Jun 2002 11:33
DTI provides information resource for innovators
Innovators in the UK manu-facturing sector stand to benefit from a new website, www.globalwatchonline.com, launched last month by the Science Minister Lord Sainsbury.
01 Jun 2002 11:26
Globalwatchonline
A new website which will provide UK businesses with information about the latest technology developments around the world was launched in May by Science Minister Lord Sainsbury.
01 Jun 2002 9:50
Great Wall of China challenge
The life of a patient with leukaemia can ultimately depend on a stem cell transplant (previously known as a bone marrow transplant).
01 Jun 2002 9:51
John Dwyer wins top columnist award
The Manufacturer’s own soap box columnist, John Dwyer, was named columnist of the year for the business and professional magazine sector of the prestigious PPA Magazines 2002 awards on the 8 May.
01 Jun 2002 11:17
Microsoft steps into Europe
Microsoft is in the process of purchasing shares in Navision, and has until 5 July to acquire 90 per cent of the shares.
01 Jun 2002 11:23
The management expo
BBC Radio 4 presenter John Humphrys has been signed up to launch what
Conquest Business Media, publisher of The Manufacturer, is calling the manufacturing event of the year
01 Jun 2002 11:38
Welcome for Government’s manufacturing strategy
The publication of the Govern-ment’s new manufacturing strategy last month has been welcomed by both the Confederation of British Ind-ustry (CBI) and the Engin-eering Employer’s Federation (EEF) - but both stressed the importance of delivery.
01 Jun 2002 11:30
