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

Posted on 6 Aug 2024 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.

Top West Midlands manufacturers meet their AI mentors as part of new accelerator programme

Eight of the West Midlands’ top manufacturers have been selected for the AI Adoption Accelerator Programme, a 12-week course introducing them to the basics (and eventually the advanced) of AI. More via The Manufacturer

Cornish pioneer Fishy Filaments launches latest Crowdcube funding round

Cornwall-based Fishy Filaments, the world’s first recycler to transform end-of-life fishing nets into high-value materials for 3D printing and injection moulding, is launching its latest Crowdcube campaign to fund the next phase of its award-winning growth. More via The Manufacturer

Two straight years of growth for new car market – SMMT

The UK new car market rose by 2.5% in July, delivering two years of consecutive growth, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). With 147,517 new cars reaching the road, it was the best performance for July since 2020, when a re-opening of dealerships following four months of lockdown saw a surge in deliveries to fulfil demand pent-up demand. More via SMMT

Manufacturers and unions join forces to press for UK industrial strategy

A month after Keir Starmer’s landslide victory, the heads of the Trades Union Congress (TUC) and Make UK, which represents 20,000 employers across the UK, have joined forces to warn the government that rapid action is required to launch a long-term industrial strategy, or risk losing billions of pounds in investment abroad. More via The Guardian

Schneider Electric Foundation announces winners of “Youth Innovation for a Sustainable Future” call for projects

The Schneider Electric Foundation has announced the first 10 winners of its global “Youth Innovation for a Sustainable Future” Call for Projects, launched in celebration of the Foundation’s 25th anniversary. More via The Manufacturer

Volvo’s UK revenue hits £1.7bn, marking a historic year despite economic challenges

Volvo’s UK sales have edged closer to the £2bn mark following another record-breaking year, according to recent revelations. The Berkshire-based division reported a revenue of £1.7bn for 2023, an increase from £1.4bn, as per newly filed accounts with Companies House. More via Business Live