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

Posted on 19 Jun 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.

UK set to reach one million electric vehicle milestone – report

Battery electric vehicle (BEV) production in the UK is expected to top one million between 2030 and 2035, creating a demand for over 100 GWh of automotive batteries, providing the UK supply chain with a tantalising opportunity for growth and attracting further original equipment manufacturers (OEMs) to supercharge momentum, according to a new report from the Advanced Propulsion Centre UK. More via The Manufacturer

EV startup Fisker files for bankruptcy, aims to sell assets

Fisker filed for bankruptcy protection late on Monday, as the U.S. electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt to ramp up production of its Ocean SUVs.

The hyper-competitive EV market has seen several companies, including Proterra, Lordstown and Electric Last Mile Solutions, file for bankruptcy in the past two years as they grappled with weakening demand, fundraising hurdles and operational challenges from global supply chain issues. More via Reuters

Newtown yacht equipment manufacturer makes waves with US expansion

A Welsh marine equipment manufacturer has achieved a $5m boost in export revenue after opening a dedicated international base in the US, thanks to support from the Welsh Government.

Powys-based Makefast Group designs and manufactures equipment for the marine and safety industries, as well as systems for super yachts and luxury boats including retractable sunroofs, awning units, and bathing platforms. More via All At Sea

Manufacturing growth overtakes services in May – Lloyds report

More parts of the UK economy grew in May than at any time in the last 15 months, according to the latest Lloyds Bank UK Sector Tracker.

Moreover, the pace of the overall manufacturing sector’s output growth overtook services for the first time since January 2022 (53.4 for manufacturing vs. 52.9 for services). More via The Manufacturer

UK government introduces new export controls on metal 3D printers

The UK Government has introduced new export controls on ‘emerging technologies,’ including metal 3D printers, semiconductors, quantum computers, and cryogenic cooling systems.

The new controls restrict shipments of military goods and dual-use technologies which can be used for civilian and military applications. More via 3D Printing Industry

Highlands wood panel manufacturer to give 20,000 HGV journeys the chop in road to rail switch

A world-leading manufacturer of eco-friendly wood panels near Inverness is looking to switch transportation from road to rail to save 20,000 HGV journeys a year.

West Fraser Europe Ltd – formerly known as Norbord – wants Highland Council planners to approve early stage plans to create a rail sidings yard near its mill at Morayhill in the Dalcross area. More via Strathspey & Badenoch Herald

Business case for good EDI practices ‘compelling and undeniable’, says Royal Academy of Engineering

Better equality, diversity and inclusion (EDI) practices can help businesses to attract and recruit engineers, retain and progress top talent, and unleash their creativity for more innovative engineering solutions, according to a new report published today by the Royal Academy of Engineering. More via The Manufacturer