Renishaw posts record first half year revenues of £147.1m

Renishaw's Stonehouse site. Inside the machine shop - workers operating lathes
Posted on 25 Jan 2012 by

The Gloucestershire-based manufacturer of metrology equipment and gauges has made important investments in order to advance its manufacturing capabilities.

Sir David McMurtry CBE, CEO of Renishaw Sir David McMurtry CBE, chairman of Renishaw

The strongest growth over the period from this time in 2010 was seen in Europe and the US, at …

Mabey Bridge closes deal with German company

Posted on 20 Jan 2012 by

The south Wales based manufacturer, specialised in the supply of modular steel bridging, car parks, heavy plated steelwork and wind turbine towers, will build 35 wind turbine towers for sites in Wales and Scotland.

Following the deal with Nordex, a German wind turbines manufacturer, the company …

Small firms facing long delays on payments

Posted on 17 Jan 2012 by

Engineering companies with less than 50 employees reported an average collection period on payments due from clients of 76 days, with 20% reporting a wait of more than 100 days.

While the time that small firms wait is shorter than the 85 day average at large firms, but despite being lower than in previ…

Bosch finds 55% people think engineering is not a key industry

Posted on 17 Jan 2012 by

Bosch Group survey highlights: • 1,347 people surveyed, from 18 to 45 years • Engineering not seen as an important function in the business • Just 45% of people though engineering was key sector for UK economy • Adults see it as useful, but not exciting • Less less than 2% thinking that engin…

Apex ‘vends’ a helping hand

Apex Supply Chain Technologies is hoping to transform UK factory floors.
Posted on 16 Jan 2012 by Tim Brown

Roberto Priolo speaks to Apex Supply Chain Technologies, whose point-of-work vending machines have conquered the US. Now the company is entering the European market, confident it can change the way supply chains are managed in the Old Continent too.

Vending machines must be one of the cleverest i…

Invensys share price falls as £60m wiped from profits

WRSL engineers analysing train safety system testing results in Beijing Metro Line 5 - photo by UK Trade & Investment
Posted on 13 Jan 2012 by Tim Brown

Engineering and global technology group Invensys this week warned that problems with systems installations at Chinese nuclear power stations and issues involving a number of rail contracts would reduce its expected operating profits by £60m.

The company’s share price dropped a…

Aker Solutions woos $48 m contract from Daewoo

Aker Solutions, Subsea
Posted on 10 Jan 2012 by

Marine and offshore products manufacturer Aker Solutions has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DSME) for the delivery of a deepwater drilling riser system to the DSME shipyard in South Korea.

The riser package will be installed on Atwood Oceanics’ ultra…