Growth in UK manufacturing has stalled as new orders declined for the second consecutive month and export sales waned, prompting concerns about the economic recovery.
Sumitomo Metal Industries and Sumitomo Corp has agreed to buy Standard Steel, a portfolio company of Trimaran Capital Partners based in the United States for £213.39 million.
Technology developer for the manufacturing sector, Surface Generation, has closed a £1.4 million financing, partly raised through business angel network Envestors.
Manufacturing offshore can be a complicated and daunting prospect for UK companies, but GrowthBusiness examines how being as close as possible to operations can ease the process.
Exports are driving a recovery in Britain's manufacturing sector but businesses have warned prices will increase on both domestic and international orders, finds research from the CBI.
Turbulent times in the financial markets haven't thrown a spanner in the works for Clyde Blowers' international expansion plans, writes Patrizia Rossi.
