Daily Manufacturing News Digest – the industry stories you should be aware of today

Posted on 3 Aug 2023 by The Manufacturer

Each day The Manufacturer compiles the top manufacturing news stories from around the web. To make your life a little easier, we trawl through all the major trade publications, broadsheets and business magazines to find you the most important manufacturing news each morning. Don't forget to bookmark this page and check back daily.

Manchester printing company presses forward with growth plans following £2.24m investment

Manchester based Browns Print, one of the UK’s largest print manufacturers, is set to increase efficiency and production capabilities thanks to £2.42M of asset financing from Lloyds Bank.

Browns Print was looking to invest in a replacement printing press to increase capacity within the business and lower its energy consumption. It approached Lloyds Bank and secured a £2.42m hire purchase loan that was used to acquire a state-of-the-art printing machine. Find out more on The Manufacturer

BAE Systems announces 2023 half year results

BAE Systems has announced its half year results for 2023. Among the highlights are a 13% revenue increase to £11bn and a 20% operating profit increase to £1.2bn. Find out more on BAE Systems

Goodfellow Cambridge sets its sights on growth after appointment of new Chief Marketing Officer

One of the UK’s leading suppliers of specialist metals and material has made a high-profile appointment as it targets a record-breaking year.

Claire Hartley has joined Goodfellow Cambridge as Chief Marketing Officer to support the firm’s move into new sectors and ambitious growth plans that will see it hit £25m by the end of 2023. Find out more on The Manufacturer

£35m Middlesbrough Rail Station revamp making tracks with British Steel

British Steel is at the heart of a £35m transformation of Middlesbrough Rail Station – with a 200-tonne crane lifting in 40 tonnes of beams and columns.

They will form part of the ticket hall, new staircase, wall structures and undercroft, breathing new life into the site with new walkways and spaces for businesses, and providing increased capacity for more rail services. Find out more on British Steel

CCEP, Aboitiz Equity Ventures Inc. announce intent to acquire Coca-Cola Beverages Philippines, Inc.

Coca-Cola Europacific Partners plc (CCEP) today announces it has, together with Aboitiz Equity Ventures Inc. (AEV), entered into a Letter of Intent to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI), a successful business with attractive profitability and growth prospects, from The Coca-Cola Company (KO).

CCEP’s proposed acquisition of CCBPI, with AEV, one of the leading conglomerates in the local market, offers a great opportunity to co-acquire an established, well-run business with attractive profitability and growth prospects. Find out more on CCEP

Warwickshire manufacturer Precision Laser Processing expands following grant assistance

A growing manufacturing and engineering business in Warwickshire has expanded its premises – and is already running out of room.

Precision Laser Processing (PLP) contacted Coventry and Warwickshire Growth Hub Account Manager Adam Plumb to find out if there were any grants available to help them create a mezzanine. Find out more on The Manufacturer

Improved rural connectivity could add £65bn to UK economy

Despite digital connectivity improving across the UK, creating new opportunities within previously disconnected regions, a stubborn digital divide remains between rural and urban locations, preventing communities and economies from achieving their growth potential, with many areas still unable to access reliable connectivity. A study from the Centre for Economics and Business Research (Cebr) and Virgin Media O2 has put a figure of £65.1bn on what improved rural connectivity could boost the UK economy by. Find out more on Computer Weekly