A £30m funding grant has been announced to help drive electrification supply chains in key UK manufacturing sectors and achieve net zero emissions by 2050.
Despite challenging global trading conditions, more than eight in 10 manufacturers (81%) said they exported goods between July and September, the second highest-percentage since 2005.
Less than one-quarter (22%) of UK energy managers working in manufacturing say hitting sustainability targets is their number one business priority, according to new data.
Industrial businesses across the Sheffield City Region are holding back on investment in productivity-improving technologies such as robotics and automation because of poor access to funding, skills and hands-on ‘demonstrators’.
New research shows that 64% of manufacturers have taken a financial hit during the past two years as they struggle to prepare for an unknown trading environment post-Brexit, and almost half have already seen a negative change in EU customer/supplier appetite for doing business with them.
Small and medium businesses in the UK are estimated to have lost 5.6% of business time per year to admin, equating to £40bn of lost economic value in the past 12 months.
A Black Country aluminium casting specialist has invested more than £2m expanding its operation, to meet the “increasing demands” of its automotive client base.
The UK government must address soaring electricity prices that inhibit the country’s steel producers from competing with European neighbours, the sector's trade body has warned.
Low-energy manufacturing is a hot topic, as energy prices rise and periods of uncertainty cause unease within the sector, manufacturers are looking for ways to reduce their energy output and cut their costs.
The Trump Administration has been authorised to impose import duties on Airbus that the airline’s chief executive warned will “disrupt” industry and raise costs.
