A diecasting firm which was just two days from closure in 2009 has invested more than £100,000 as part of plans to double sales in the next three years.Read
Offshoring has had a huge impact on British manufacturing over the last decade, with many UK-based manufacturing firms shifting sourcing to low-labour cost locations such as China. But in recent years this shift of activity overseas has cooled. Read
Shares in Midland engineering group GKN have soared by 12 per cent following its acquisition of the aero engine division of AB Volvo for £633 million.Read
Industrial investor Melrose has agreed deal to buy German utility-meter maker Elster Group for £1.47 billion in its first major deal for four years.Read
A Birmingham manufacturer has fended off a global band of competitors to land a deal worth more than £38 million to supply parts for the new Airbus A350 aeroplane.Read
Ministers have insisted they are pressing ahead with considering proposals for a local pay scheme which could mean workers in Birmingham received higher salaries than those in Dudley or Walsall for doing the same jobs.Read