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.
UK’s new trade strategy can drive growth, says SMMT Chief
The Chief Executive of the Society of Motor Manufacturers & Traders (SMMT) has said that the United Kingdom’s new trade strategy can help drive ‘significant’ growth. More via The Manufacturer
Schneider Electric recognised as a leader in building decarbonisation consulting
Schneider Electric has earned the coveted position of a Leader in Verdantix’s recent report, Green Quadrant: Building Decarbonisation Consulting 2024. More via The Manufacturer
Elkes Biscuits seeking engineers to support 50% output growth plans
Elkes Biscuits has launched a recruitment drive for new engineers to ensure its Uttoxeter factory can increase output by almost 50% over the next 12 months.
The biscuit maker, which was founded in 1908, unveiled a £1m investment in new equipment last September to improve capabilities in wrapping, ingredient handling, and chocolate application processes. More via British Baker
New building at Hereford’s specialist ice cream machine maker
A Herefordshire manufacturer of ice cream machines has been given the go-ahead to expand.
Carpigiani UK had applied for planning permission for a new building to the rear of its Carpigiani House headquarters in Coldnose Road, a cul-de-sac on the Rotherwas industrial estate. More via Hereford Times
Chinese carmaker Geely injects £120m into London black cab maker
Chinese carmaker Geely has injected £120m into LEVC, the British producer of London’s famous black cabs, as it continues to expand in the UK’s electric vehicle (EV) market.
According to Companies House filings, Geely pumped £70m into its Coventry-based subsidiary last October, and a further £50m in May. More via City A.M.
Aston Martin secures £135m in new funding to boost production capabilities
Aston Martin has secured £135m through a debt placement as it prepares to bolster its balance sheet ahead of an anticipated production increase later this year.
The luxury car manufacturer announced that it had raised approximately $90m (£70.7m) by issuing 10 per cent senior secured notes, and an additional £65m through 10.4 per cent senior secured notes, set to mature in 2029. More via Business Live
