The Annual Manufacturing Report 2018, published by Hennik Research, says UK manufacturers are poised to take on the world, but are failing to pull the trigger on a bright future because of uncertainties surrounding the outcome of Brexit negotiations and the threatened shortage of skilled workers in the coming decade.
Siemens UK is to make a £27m investment in a new, cutting-edge manufacturing facility for Worcester-based Materials Solutions Ltd, its additive manufacturing specialist.
Japanese automaker Toyota has announced the development of new motors for electric vehicles which use less rare earth minerals in their construction.
European aerospace manufacturer Airbus has been forced to pay a large one-time payout for delays to its much-maligned A400M program.
An ambitious Chinese project to build a so-called 'drone taxi' has now progressed to the point where manned trials have begun.
A new 'virtual' solar power plant will be built in South Australia (SA) following a deal between the state government and Tesla.
Multinational pharmaceutical manufacturer Pfizer announced massive profits this week on the back of large corporate tax cuts in the United States.
A new order for A380 jets has come just in time to save Airbus's production line for the world's largest passenger aircraft.
US automotive manufacturer Ford Motor Company has announced this week a huge investment boost into the development of electric vehicles (EVs).
US aerospace manufacturer Boeing has revealed a prototype delivery drone able to carry heavy loads to difficult-to-reach destinations.