Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

Ford chooses UK factory for £200m electric car transmission plans​



Extract:
Ford will boost Britain’s automative industry by making electric car components at its factory in Halewood.

The car company selected the Merseyside site over one of its plants in Germany for a £200m investment into its e-Drive transmission systems.

The systems control power from batteries used to run a vehicle’s wheels.

The deal secures the future of the 500 staff members working at the site.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

UK poised to confirm funding for mini nuclear reactors for carbon-free energy​



Extract:
The government is poised to approve funding for a fleet of Rolls-Royce mini nuclear reactors that the prime minister hopes will help the UK reach his target of zero-carbon electricity by 2035.

A consortium led by the British engineering firm had already secured £210m in backing from private investors for the small modular reactor (SMR) project, a sum that the government is expected to match or better. Confirmation is expected before the spending review on 27 October, according to well-placed sources.

The consortium, known as UK SMR, will rebrand as Rolls-Royce SMR to coincide with Westminster’s blessing.

Tom Greatrex, the chief executive of the Nuclear Industry Association (NIA), said: “Match-funding for Rolls-Royce would be a huge signal to private investors that the government wants SMRs alongside new large-scale stations to hit net zero. It would also show investors that the government believes in nuclear as a green technology.”
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

Investors pledge almost £10bn at UK Global Investment Summit​



Extract:
At least 30,000 new jobs will be created around the UK thanks to £9.7 billion of new foreign investment.

At least 30,000 new jobs will be created around the UK thanks to £9.7 billion of new foreign investment due to be announced by the Prime Minister at the Global Investment Summit today (Tuesday 19 October 2021).

The package of 18 deals will support growth in vital sectors such as wind and hydrogen energy, sustainable homes and carbon capture and storage, cementing the UK’s climate leadership for COP26 and beyond.

It comes as the Department for International Trade launches a new Investment Atlas, an online platform designed to help international investors identify and execute high priority investment opportunities in England, Scotland, Wales and Northern Ireland.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

JCB announces £100 million investment in hydrogen engines​



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JCB has announced it is investing £100 million in zero-emission hydrogen engines to power machinery. The British manufacturer already has a 100-strong team working on the hydrogen project and is recruiting for up to fifty more engineers to deliver on its bid to make the first machines available to customers by the end of next year.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

£20m investment creates jobs at Masham farm feeds business​



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A 120-YEAR-OLD animal feeds firm based in Masham is making a £20m investment in its future as it expands and recruits.

I’Anson Brothers Ltd, one of the UK’s leading independent animal feed manufacturers, has taken the next step in the biggest investment in its history, signing contracts enabling work to begin on the construction of the company’s new, £20million mill at Dalton New Bridge in Hambelton.

The investment will maintain the existing workforce and also create additional jobs at the new production facility, which is scheduled for completion in the summer of 2023, with more expected to follow as the company grows in the future.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

Tritax Symmetry agrees terms on 198,750 sq ft unit​



Extract:
Tritax Symmetry has agreed terms with electric vehicle manufacturer Arrival on a 198,750 sq ft unit at Central M40 Banbury.

Arrival has signed a 15-year lease to support its ongoing expansion plans in the region, meaning a single 144,800 sq ft unit remains available.

Both buildings, which are being constructed by A&H Construction, have been built to net zero carbon in construction.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

BAE purchase of former McBride site hailed as boost​



Extract:
The purchase of a former industrial site by BAE has been described as 'fantastic news'.

The former McBride factory in Barrow's Park Road is due to be used by BAE to help deliver its submarine programmes.

Bosses from household cleaning products firm McBride announced the closure of the site in 2019, leading to the loss of around 100 jobs.

But new life is due to be breathed into the site by the submarine builder, which is in the process of delivering major defence contracts for the Royal Navy.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

New £2.5 billion gigafactory in Coventry set to open in 2025​



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A public/private joint venture between the Council and Coventry Airport Ltd, today unveiled further plans to develop the UK’s largest battery Gigafactory as it explores investment opportunities with battery manufacturers from around the globe.

Located in the epicentre of the UK’s automotive industry, the Gigafactory will begin supplying high-tech batteries for electric vehicles from 2025. It will be the result of a £2.5bn investment, creating up to 6,000 new highly skilled jobs directly and thousands more in the wider supply chain in Coventry and the surrounding region.

This strategically crucial investment is imperative for the UK’s electrified future, especially for the automotive industry which will stop producing petrol and diesel engines from 2030.

The new Gigafactory, which will command over half a million square metres of space – equivalent to 74 full-size football pitches, will be one of the largest single industry facilities of any kind in the UK and at full capacity will be capable of delivering up to 60GWh of production per year.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

ITM Power Sheffield: 300 hi-tech manufacturing jobs on way at new city factory​



Extract:
Three hundred hi-tech manufacturing jobs will be created in Sheffield under plans for a record-breaking new factory.

Hydrogen specialist ITM Power is set open ‘UK Gigafactory 2.0’ by the end of April 2023 as part of a £250m expansion drive.

The new facility will stand next to the firm’s existing factory on Bessemer Park in Tinsley - claimed to be the largest of its kind in the world.

Gigafactory 2.0 will be bigger still, with 50 per cent more production capacity.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News

UK's path to net zero set out in landmark strategy​



The Net Zero Strategy sets out how the UK will deliver on its commitment to reach net zero emissions by 2050.

A landmark Net Zero Strategy setting out how the UK will secure 440,000 well-paid jobs and unlock £90 billion in investment in 2030 on its path to ending its contribution to climate change by 2050 has been unveiled by the UK government.

As part of the strategy, new investment announced includes:
  • an extra £350 million of our up to £1 billion commitment to support the electrification of UK vehicles and their supply chains and another £620 million for targeted electric vehicle grants and infrastructure, particularly local on-street residential charge points, with plans to put thousands more zero emission cars and vans onto UK roads through a zero emission vehicle mandate
  • we are also working to kick-start the commercialisation of sustainable aviation fuel (SAF) made from sustainable materials such as everyday household waste, flue gases from industry, carbon captured from the atmosphere and excess electricity, which produce over 70% fewer carbon emissions than traditional jet fuel on a lifecycle basis. Our ambition is to enable the delivery of 10% SAF by 2030 and we will be supporting UK industry with £180 million in funding to support the development of UK SAF plants
  • £140 million Industrial and Hydrogen Revenue Support scheme to accelerate industrial carbon capture and hydrogen, bridging the gap between industrial energy costs from gas and hydrogen and helping green hydrogen projects get off the ground. Two carbon capture clusters - Hynet Cluster in North West England and North Wales and the East Coast Cluster in Teesside and the Humber - will put our industrial heartlands at the forefront of this technology in the 2020s and revitalise industries in the North Sea – backed by the government’s £1 billion in support
  • an extra £500 million towards innovation projects to develop the green technologies of the future, bringing the total funding for net zero research and innovation to at least £1.5 billion. This will support the most pioneering ideas and technologies to decarbonise our homes, industries, land and power
  • £3.9 billion of new funding for decarbonising heat and buildings, including the new £450 million 3-year Boiler Upgrade Scheme, so homes and buildings are warmer, cheaper to heat and cleaner to run
  • £124 million boost to our Nature for Climate Fund helping us towards meeting our commitments to restore approximately 280,000 hectares of peat in England by 2050 and treble woodland creation in England to meet our commitments to create at least 30,000 hectares of woodland per year across the UK by the end of this parliament
  • £120 million towards the development of nuclear projects through the Future Nuclear Enabling Fund. There remain a number of optimal sites, including the Wylfa site in Anglesey. Funding like this could support our path to decarbonising the UK’s electricity system fifteen years earlier from 2050 to 2035
 

Jaycey

African Refugee
Positive UK Manufacturing/Investment News
All very grand but sounds more like a Good News or an Environmental topic.

But that aside do you think it likely that government will be in a position to cough up that much cash and where to find 440,000 suitably qualified personnel?

Asking for a friend.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News
All very grand but sounds more like a Good News or an Environmental topic.

But that aside do you think it likely that government will be in a position to cough up that much cash and where to find 440,000 suitably qualified personnel?

Asking for a friend.

Cough up the cash.....yes, I see no reason why not.
What makes you think they might not?

As for the 440,000....I imagine that will come through training/retraining, graduates etc.
 

Jaycey

African Refugee
Positive UK Manufacturing/Investment News
Cough up the cash.....yes, I see no reason why not.
What makes you think they might not?
Some hefty numbers there - will there be anything left after social security, defence, infrastructural development, Brexit Bill etc... ?
As for the 440,000....I imagine that will come through training/retraining, graduates etc.
A-Levels 2 years, technical degree 3-4 years, basic training 3 years, experience another 5 and that's assuming you can find 440,000 prepared to relocate with their families.

Good luck !
 

enoch

Member
Top Poster Of Month
Positive UK Manufacturing/Investment News
Some hefty numbers there - will there be anything left after social security, defence, infrastructural development, Brexit Bill etc... ?

A-Levels 2 years, technical degree 3-4 years, basic training 3 years, experience another 5 and that's assuming you can find 440,000 prepared to relocate with their families.

Good luck !
Their hope is too put all the gas plumbers out of work and retrain them. Wishfull thinking.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News
Their hope is too put all the gas plumbers out of work and retrain them. Wishfull thinking.

Why gas plumbers?

There will be workers in some industries that will need to retrain...nothing wishful about that.
 

Tenpin

The Yorkshireman
Positive UK Manufacturing/Investment News
All very grand but sounds more like a Good News or an Environmental topic.

But that aside do you think it likely that government will be in a position to cough up that much cash and where to find 440,000 suitably qualified personnel?

Asking for a friend.

Maybe your 'friend' could start a thread about 'positive Ukraine manufacturing/investment news.......just a thought on behalf of a friend.
 

juco

Member
Positive UK Manufacturing/Investment News
One does wonder who is really involved in all these investments.
When wind farms were getting the go ahead a few years back.

David Camerons father in law was getting £1000 per day to have wind farms on his land in Lincolnshire.
Ed Millibands wife was working as a lawyer for wind companies arguing for the applications to build them and getting well paid to do so.
Nick Cleggs wife was a director of a wind company in Spain.
 
Positive UK Manufacturing/Investment News
This planet is now set for major change, it was predicted years back what technology would do and be capable of. We reached that point and are now going well beyond it.
Diversify? That’s why humans are top of the tree because we’re capable of doing just that.
Between the pandemic and climate change gaping holes have surfaced on just about how every country rolls.
 

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