Tuesday, Dec 23rd

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Manufacturing news across diverse industry sectors in Cambridge & the East of England.

Xaar rebounds from China ceramics crisis

Xaar-printerCambridge 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.

Domino cautious despite profits surge

Domino-Peter-Byrom-chairmanNot 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.

New engineering lab sparks research boom at TWI

TWI-upgrade-2014A multi-million pound upgrade of its facilities is set to trigger a new era of research and development innovation at TWI in Cambridge.

Top aviation award for Sir Michael Marshall

Sir Michael Marshall was presented with the Award of Honour from Livery Company, the Honourable Company of Air Pilots. He is pictured with Prince Michael of Kent and Dorothy Saul-Pooley, Master of The Air Pilots.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.

Jobs boost for Duxford as Hexcel begins work on £6m R&T facility

Olivier Cauquil of Airbus 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.

Cable triggers £80m spend and over 5,000 jobs for Cambridge hinterland

UK Business Secretary Vince CableUK 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.

Domino invests In new India factory

Domino-IndiaCambridge UK coding and marking technology world leader Domino has opened a new factory in India.

Swiss climb into acquisition of ladder supplier

Darren-Bear-2014Youngman 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.

Norfolk banjo company announces five new models

Shackleton-prototype-banjoThe 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.

Seaglaze reshores production after £1m investment

Seaglaze-MDA £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.

Froggy goes a courtin world markets with £2m hypercar

Lister Cars has bounced back to notch sales of over £3 million in 12 monthsIconic 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.

Rail platform puts Dura £17m blueprint on track

Dura-CompositesAn Essex manufacturer is targeting a £10m jump in turnover after launching a new solution for the rail sector.

Cambridge role in nuclear power station revolution

Dr Geoff Parks, who is leading the Cambridge team on the nuclear projectTeams 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 completes Chinese acquisition

Johnson-Matthey-ChinaJohnson 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.

Xaar slashes jobs amid carnage of broken China

Xaar-DinwoodieInkjet 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.

Domino sales surge ignites share price

Domino-Peter-Byrom-decIncreased 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.

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