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.
Industry reacts to the Spring Budget 2023
Chancellor Jeremy Hunt delivered the UK’s Spring Budget 2023 yesterday. He said that despite facing “enormous challenges”, the International Monetary Fund says the government’s approach means “the UK economy is on the right track.” Nevertheless, government is “remaining vigilant” and “will not hesitate to take whatever steps are necessary for economic stability.”
But how was his budget received by the manufacturing industry? Read more via The Manufacturer
Wyke Farms opens new £10m butter dairy facility
Wyke Farms has announced the commencement of production in its new butter dairy facility, producing freshly churned premium Wyke Farms butter for the UK and global markets.
The dairy expansion project is part of our five-year plan for growth, underpinned by sustainably increasing volume and strategically targeting specific regions worldwide. Read more via Wyke Farms
JCB hydrogen world first makes international debut
JCB’S £100m project to produce super-efficient hydrogen engines has been given its international debut at one of the world’s biggest construction equipment fairs.
The wraps came off the brand new JCB hydrogen combustion engine – the company’s zero-carbon emissions solution for construction and agricultural equipment – at the Conexpo 2023 show yesterday in Las Vegas as part of the International Fluid Power Exposition (IFPE).
A team of 150 engineers is working on the pioneering initiative to develop hydrogen combustion engines – and more than 50 prototypes have already been manufactured at JCB’s UK engine plant. Read more via The Manufacturer
UK Space City cluster launched in Leicester
A new space industry cluster has been launched in Leicester that will create one of the largest and most connected Enterprise Zones for sector related activities in the UK.
Space City Leicester represents up to £233 million of investment in new and planned facilities on the former Pioneer Park development to the north of Leicester city centre. This includes the University of Leicester’s science and innovation hub Space Park Leicester, the award-winning National Space Centre visitor attraction and flexible working spaces and high-tech business incubator facilities at Dock and Dock 2. Read more via Aerospace Manufacturing
New ‘Tools to Teach’ campaign aims to address skills shortage in construction and engineering
Experienced construction and engineering professionals across the Liverpool City Region are being encouraged to train to teach the next generation of skilled workers as part of a new campaign, which aims to tackle the skills shortage.
The ‘Tools to Teach’ initiative, supported by Mayor Steve Rotheram, will see further education colleges in the Liverpool City Region join forces to recruit industry experts across all trades to help plug the skills gap. Read more via Birkenhead.news
Volkswagen invests in batteries, raw materials in race for affordable EV
Volkswagen plans to invest 180 billion euros ($193 billion) over five years in areas including battery production and raw material sourcing in a bid to cut electric vehicle costs and protect its market share, it said on Tuesday.
Over two-thirds of the company’s five-year investment budget announced on Tuesday is allocated to electrification and digitalisation, including up to 15 billion for batteries and raw materials. Read more via Yahoo! Finance
Tesla ships first midnight cherry red Model Ys to customers
If you spot a Tesla on the road, it’s likely to be one of five colours. Last year two other colours were announced for the European market.
Now it seems the darker Midnight Cherry Red coloured Tesla Model Y has been spotted on the back of a truck by Esther Kokkelman on Twitter. Read more via The Driven
Custom Powder Alloys launch set to deliver £500k boost for Goodfellow Cambridge
Designers and engineers searching for more intricate and lighter components have been given a welcome boost this week, with the launch of customised alloy powders by Goodfellow Cambridge Ltd.
The Huntingdon-based manufacturer of specialist metals and materials is targeting more than £500,000 of additional sales from this introduction and is expecting significant interest from customers involved in additive manufacturing, structural jet engines, hydrogen storage and even medical implants. Read more via The Manufacturer