A series of financial boosts from the West Midlands have heartened engineering giant Alstom in the third quarter – despite falling revenues in the year-to-date.Read
Manufacturing job losses have been running at almost 3,400 a week, with 700,000 fewer posts since the recession and the biggest fall noted in Staffordshire, a study has shown.Read
A new plan to save dozens of jobs at a Birmingham factory destined for closure is being drawn up – with a transatlantic appeal to parent group bosses in Kentucky, USA.Read
A consortium engaged in a battle at the top of Victoria Carpets have accused the firm’s board of ignoring the wishes of 46 per cent of shareholders by refusing a boardroom shake-up.Read
A boardroom battle at carpet manufacturer Victoria shows no signs of abating after its board told investors attempts of a coup by some shareholders was invalid.Read
Engineering firm Metalrax has admitted its order books have been weakened by macro-economic uncertainty but said current operations were on a firm footing.Read
Cubewano, based in Sutton Coldfield, which has 11 patents for its engine and military generators, has been forced to sell valuable designs to foreign firms because it can’t access enough support in the UK.
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