Cambridge inkjet technology group Xaar has seen its UK share price rocket after revealing a strong bounceback from a China crisis that sent its stock into a tailspin in October and cost 160 people their jobs.
Manufacturing news across diverse industry sectors in Cambridge & the East of England.
Not many companies see pre-tax profits shoot through the roof and their share price head south within minutes but that fate befell Domino, the Cambridge inkjet printing technology world leader, today.
A multi-million pound upgrade of its facilities is set to trigger a new era of research and development innovation at TWI in Cambridge.
The high flying achievements of aerospace engineers with Marshall of Cambridge, the UK industrial group, have been recognised with the award to its chairman of one of the top honours in aviation.
Business Secretary, Vince Cable joined management, staff and clients at Hexcel’s Duxford site to celebrate the ground-breaking for a new £6 million R&T facility and additional investments for capacity expansions. These investments will add up to 100 jobs to the Duxford workforce by 2017.
UK Business Secretary Vince Cable today unveils an £80 million-plus infrastructure bonanza for the Cambridge technology and industrial hinterland, with a potential payback of more than 5,000 jobs.
Cambridge UK coding and marking technology world leader Domino has opened a new factory in India.
Youngman Group, an Essex-based supplier of innovative access equipment and systems has been acquired by Werner Access Products UK Holdings Ltd. in a multi-million pound deal supported by Cambridge financial and business advisers Grant Thornton LLP.
The Great British Banjo Company, which launched just over a year ago with a Kickstarter campaign that raised nearly £50,000 has announced five new banjo models which will come on stream from January.
A £1m investment into a new glass toughening plant is set to help a Norwich manufacturer target £3m in sales – for the first time in its 44-year history.
Iconic Cambridge sportscar maker Lister Cars has bounced back from a period in mothballs to notch sales of over £3 million in 12 months with a comeback 60th anniversary model.
An Essex manufacturer is targeting a £10m jump in turnover after launching a new solution for the rail sector.
Teams from Cambridge, the UK and the US are exploring a radical new type of nuclear power station that is safer, more cost-effective, compact, quicker and less disruptive to build than any previously constructed.
Johnson Matthey, the Cambridge UK precious metals technology specialist, has completed its acquisition of A123’s cathode materials manufacturing facility in Changzhou, China, which produces lithium iron phosphate cathode materials.
Inkjet printing technology business Xaar is set to axe 20 per cent of its workforce – around 160 jobs – and has started slashing costs after a fresh business crash in China.
Increased international sales and the promise of more jam tomorrow from Domino, the Cambridge-based inkjet technology world leader, excited a UK stockmarket already buoyed by the vote against Scottish independence.
- MAHLE recruits manufacturing apprentices
- Manufacturing staff cash in as pay runs ahead of wider economy
- Growing engineering firm moves into fuel cells
- World-class materials imaging hothouse created
- Cambridge role in Sumitomo Bakelite $265m US acquisition
- Domestic orders power manufacturing recovery
- Redring invests £10m in manufacturing base
- Marshall Mildenhall site sold to UK manufacturer
- Coatings company takes off at Farnborough
- Marshall wins major defence contract
- Cambridge super steel creates world’s strongest ever armour
- Engineering enabler drives global product design from Cambridge
- Marshall and AW in hot 100 private firms
- Lloyds Register backs TWI engineering venture with £15m
- Domino sales soar on market bounceback
- Carson leaves Matthey on crest of a wave
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