Posted on 24 Nov 2023 by The Manufacturer Over a third of SMEs have operated a machinery asset for longer than planned due to supply chain issues impacting the availability of new variants, Paragon Bank research has revealed. The survey of over 500 SMEs by Opinium showed that 36% of firms are operating a machinery
A UK Industrial Internet of Things (IIoT) solutions provider is celebrating a record 12 months in style after it completed a successful £2.1m investment raise.Konektio, the new name for InVMA, is taking advantage of the sector’s desire for digital transformation by rolling out its AssetMinder SaaS platform to help clients improve processes, runtime, safety and…
LIBERTY Steel UK (LSUK) has relaunched production at its Rotherham plant, several months after it shut down for the summer. Operations at LIBERTY’s GREENSTEEL Rotherham electric arc furnace will take place overnight, when energy costs are cheaper.The Sanjeev Gupta-owned group’s Rotherham plant, which produces sustainably-produced steel for growth markets such as infrastructure and high-value engineering…
An offshore wind cabling manufacturer will use £130m of public and private sector funding to build a state-of-the-art subsea cable manufacturing facility in Northumberland.JDR Cable Systems’ plans to invest in facilities that will develop and build components for next-generation wind turbines will create and safeguard more than 440 jobs across the North-East of England. Using funding…
SME manufacturers adopting robotics and automation, with the support of Made Smarter, are creating hundreds of new and upskilled jobs.Since 2019 the North West Adoption Programme, a collaboration between UK government and industry designed to support the increased use of digital technologies, has supported 41 businesses with 45 technology projects focused on robotics and automation…