Aberdeen-based Balmoral Group has commenced production at a newly established manufacturing facility located in Ohio, United States. The investment into this specific site totals two million dollars and marks the
Manufacturing
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A surge in factory activity suggests the United States economy is beginning to weather the impact of tariffs while securing new manufacturing positions, even as industry leaders describe current geopolitical
Jaguar Land Rover faces renewed recalibration as a cyber shock reverberates through UK manufacturing
In a move that underlines the fragility of modern manufacturing supply chains, Jaguar Land Rover has confirmed a substantial job cut in the wake of last year’s crippling cyber attack.
The West Yorkshire based manufacturer of mobility aids, Acorn Mobility Services, has again demonstrated its considerable financial heft with a dividend of £50 million paid to its founder, John Jakes,
Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) has delivered a substantial improvement in first-half performance, with chief executive John Shaw reporting unaudited revenue of $8.3 million for the six months ended 30
Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) witnessed a significant share price rally on Friday morning, with the stock advancing 18% to reach 138.65 pence. The movement followed the company’s decision to
Shares in Itaconix PLC climbed 18 percent to 138.65 pence in morning trading on Friday after the plant-based polymers manufacturer upgraded its full-year revenue guidance following a substantial increase in
Lockheed Martin’s agreement to buy Ultra Maritime for $3.45 billion is, on its face, another large cheque written by the world’s biggest arms manufacturer. Look closer and it reads as
Tesla employees have been told to curb their use of external artificial intelligence tools, after Elon Musk introduced a weekly limit of $200 (about £150) on spending with third-party AI
In a ruling that has sparked considerable debate, the European Union’s second-highest court has deemed private jets as a form of green investment. This unexpected classification challenges conventional wisdom regarding
The recent acquisition of Burleigh Pottery, one of Britain’s oldest ceramic manufacturers, by former Burberry chief Christopher Bailey and a consortium of investors marks a significant chapter in the narrative
Nissan’s recent agreement to collaborate with the Chinese automotive group Chery marks a pivotal moment for the UK car manufacturing landscape, particularly at its Sunderland plant. This partnership promises not
In a notable development for British manufacturing, the discount retailer Home Bargains is poised to undertake the rescue of Denby Pottery, a brand synonymous with British craftsmanship that has weathered
In a considerable policy reversal, France has recently embraced the prospect of providing subsidies for British-made vehicles, a move that signifies a remarkable shift in the country’s attitude towards post-Brexit
In a bold but controversial move, Ferrari has unveiled its first electric vehicle, the Luce, igniting a fierce debate within automotive circles. While the brand has long been synonymous with
In an era marked by rapid advancements in technology and the shift towards sustainable energy, the automotive industry finds itself at a crossroads. The emergence of electric vehicles has revolutionised
