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.
Institute of Export & International Trade unveils £5m fund to drive SME export growth
The Institute of Export & International Trade has today launched a £5m Export Support Programme to help UK businesses accelerate their journey into international trade.
Today’s announcement also coincides with the United Nations’ World MSME (micro, small and medium sized enterprises) Day and aligns with the theme ‘building a stronger future together’. Read more via The Manufacturer
HMS Victorious arrives in Plymouth for major refit in boost to 1,000 local jobs
Preparation work has started on HMS Victorious ahead of her planned major refit to ready her for future tasking.
The maintenance programme on the Vanguard-class submarine, taking place in Babcock’s Devonport facility, will sustain more than 1,000 jobs in the south west region and will see the boat modernised and improved to continue operational patrols into the 2030s. Read more via Babcock International
BAT opens new €500m Innovation Hub in Italy
British American Tobacco (BAT) has officially opened a new Innovation Hub in Trieste, Italy. The €500m investment, over five years, demonstrates BAT’s commitment to the sustainable growth of its New Category products.
The Hub incorporates laboratories, production offices, technical rooms and 12 production lines for New Category products, making BAT the first company in the tobacco industry to distribute a full range of New Category products in Italy. Read more via The Manufacturer
Tidal stream research to cut carbon and boost energy security
Researchers working to cut carbon emissions and boost energy security using tidal stream power are set to benefit from a £7m Engineering and Physical Sciences Research Council (EPSRC) investment.
‘Co-design to deliver Scalable Tidal Stream Energy’ (CoTide) will bring together three multidisciplinary teams from the universities of Oxford, Edinburgh and Strathclyde.
The group will work to make renewable energy generation from ocean tides cheaper, more reliable and scalable. Read more via UK Research and Innovation
Aston Martin to create industry leading ultra-luxury high performance electric vehicles
Aston Martin has hit the accelerator on its ambition to create the world’s most thrilling and highly desirable electric performance cars, with the formation of a landmark new supply agreement with world-leading electric vehicle technologies company, Lucid Group, which will help propel Aston Martin’s high-performance electrification strategy and its long-term growth.
The proposed agreement would see Lucid supply Aston Martin with industry-leading electric vehicle technologies. Read more via Aston Martin
NSG Group opens new solar array in Aken, Germany
NSG Group announced yesterday that it has opened a 750kW photovoltaic solar system at its Aken facility in Saxony-Anhalt, Germany.
The new array owned by Aken, with 1,500 PV modules installed on the open space and on the roof of the plant, will provide 650,000kWh which around 10% of the annual consumption of Aken facility in the future. Read more via The Manufacturer
Car manufacturing giant Kia to relocate UK training centre
South Korean car manufacturing giant Kia is set to relocate its UK training centre from Ruddington to St. Modwen Park Derby, creating around 15 permanent jobs.
The new centre will be operated by Skillsnet and provide training for Kia’s workshop and dealership staff. Read more via The Business Desk
Follow EU regulation to keep costs low, says Ford boss
Britain should continue following EU car regulations to avoid extra costs for consumers, says the boss of Ford.
Tim Slatter’s comments come as car manufacturers prepare for the first major review of Britain’s post-Brexit trade deal with the EU. Read more via BBC News
