Business rebounds for UK manufacturers, but problems not over
Output and orders have both rebounded for UK manufacturers during the first quarter of 2023 as domestic and global markets have improved, easing fears of… Read More
Output and orders have both rebounded for UK manufacturers during the first quarter of 2023 as domestic and global markets have improved, easing fears of… Read More
The Timken Company is buying the metal-polymer plain bearings producer GGB Bearing Technology from EnPro Industries for $305m in cash. Timken says that GGB’s expertise… Read More
The number of industrial robots installed around the world fell by 2% in 2020 compared to 2019, despite a 19% growth in the number installed… Read More
Danfoss is buying the US electric drivetrain developer UQM Technologies in a cash transaction worth around $100m, including the assumption of UQM’s debts. Danfoss says… Read More
Danfoss claims that it has become the world leader in hydraulic motors following approval from the competition authorities for it to proceed with its acquisition… Read More
After declining for two years, global revenues from motion-control products have bounced back, growing by more than 6% in 2014 to reach $12.2bn, according to… Read More
Revenues from the global market for PLCs slipped by by 2.1% in 2013, according to a new report from the market analyst, IHS. It attributes… Read More
Britain’s manufacturers have raised their forecast for growth during 2014 from 2.7% to 3.6% on the back of continued buoyant conditions, according to the latest… Read More
The global market for industrial machinery will expand by 6.3% this year – more than twice as fast as the 2.9% achieved in 2013 –… Read More
UK manufacturers are enjoying increasingly strong growth thanks to a combination of strong domestic sales and a boost in overseas trade, according to the latest… Read More