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Manufacturing firms split over future prospects for sector

Manufacturing firms are divided on prospects for the coming months even though they are maintaining healthy growth, according to a new report.Read

Manufacturing industry gets creative as metal prices soar

Manufacturers are increasingly being forced to re-engineer products in the face of volatile metal prices.Read

Aga steels itself for extra £1m hit from soaring raw materials costs

The rising price of stainless steel has set back cooker-maker Aga Rangemaster by £1 million in the past year.Read

Melrose improves offer for Charter International

Manufacturing buyout firm Melrose sweetened its £1.4 billion offer for rival Charter International – securing access to the toolmaker’s books but not a recommendation from its board.Read

Engineers plan to make intelligent tyre device in West Midlands

Two engineers from the West Midlands have developed a device that allows tyres to communicate with drivers on the move.Read

Westley Group completes Mathers Foundry sale

Manufacturing firm Westley Group has completed the sale of Mathers Foundry to WPIL for an undisclosed amount.Read

Exports push Metalrax back into the black

Engineering group Metalrax has swung back into the black after exports boosted its performance in the first half of the year.Read

Skills initiative set to be taken nationwide

A Black Country-based trade association’s innovative approach to solving the manufacturing sector’s biggest skills problem could be rolled out nationwide.Read

Manganese Bronze strikes deal with Chinese counterpart

Black cab-maker Manganese Bronze has agreed an exclusivity deal with part-owner Geely to distribute its vehicles and spare parts in the UK.Read

Slight fall in sales for Aga Rangemaster

Upmarket cooker-maker Aga Rangemaster has reported a slight dip in first-half sales amid tough market conditions.Read

Hampson sells shims businesses in £51.5m deal

Brierley Hill-based Hampson Industries has said it intends to dispose of its shims businesses, which provide components to the global aerospace markets, for £51.5 million.Read

IMI breaks through £1bn barrier but warns of slowdown

Sales have broken through the £1 billion barrier for engineering giant IMI in the first half of the year – but warned about tough conditions.Read

Melrose plans further Charter International bids after profit rise

Manufacturing buyout firm Melrose is preparing another offer for rival Charter International after revealing a rise in profits.Read

Union slams plan to axe 350 jobs at Shropshire pudding factory

Union leaders have labelled the decision to axe 350 jobs at a Shropshire desserts factory “a devastating blow to the local economy”.Read

Morgan Motor Company ready for US market after 3 Wheeler success

Malvern car maker Morgan is already eyeing up the highly lucrative US market after notching up soaring sales of its new 3 Wheeler model.Read

SE Controls expands with Barclays Corporate support

Lichfield-based ventilation specialist SE Controls has invested more than £1 million to buy new premises, supported by Barclays Corporate.Read

BE Wedge on global expansion drive with help from Lloyds

Support from Lloyds has helped the UK’s largest hot dip galvanising firm continue its expansion into global markets after doubling its stake in a German-based business.Read

Cobra UK creates jobs after £20m of orders

Fifty jobs have been created by an automotive supply chain firm after more than £20 million worth of orders for a new product.Read

Laidlaw sees turnover quadruple after buyout

An ironmongery firm has will see its turnover almost quadruple from £35 million to more than £130 million after completing a major acquisition.Read

Manufacturer Hill & Smith reveals profit fall

Profits have fallen by almost a quarter at manufacturer Hill & Smith despite a slight increase in sales.Read