Alert Data News | Business | Companies | UK | Engineering / machinery (not vehicles)

Craftsman Tools Limited

Mon, 21 May 2012 08:55:43 +0100

£300,000 factory expansion - new jobs - exceptional business growth
Craftsman Tools has invested £300,000 to expand its factory in Otley, West Yorkshire, following increased demand for its products. Four jobs have been created and more are expected. The firm, which employs 60 people, increased 2011 sales by 39% to £4.8m and similar growth is expected in 2012. It hopes to increase turnover to £6m.

Doncasters Group Limited

Fri, 18 May 2012 09:19:28 +0100

Revenues up 11% to £745m - loss increased to £11.5m - £5.5m acquisition funding
Staffordshire-based Doncasters Group recorded an 11% increase in revenues to £745m in 2011 but its loss increased from £9.3m in 2010 to £11.5m in 2011, after exceptional items of £63.2m for the year. Its owner, Dubai International Capital, is investing £5.5m to fund an acquisition and business growth is expected in 2012.

John Wood Group Plc

Thu, 17 May 2012 08:38:54 +0100

10 new jobs - expanding in Lincoln
Wood Group GTS, which provides services for turbo-machinery, is opening a 10,000 square foot site in Lincoln as part of its UK growth strategy. Twenty existing employees will relocate to the new site and 10 new jobs will be created. Wood Group GTS has annual turnover of £3.5bn and employs 41,000 people worldwide.

John Wood Group Plc

Tue, 15 May 2012 08:07:53 +0100

Seeking further acquisitions - ongoing business growth
Aberdeen-based energy services company, John Wood Group, holds sufficient funds for further acquisitions following its £600m takeover of Production Services Network in December 2010. All of its divisions are delivering good growth and the company is on schedule to achieve its full-year targets. 2010 turnover £3bn, 23,856 employees.

Sumo UK Ltd

Fri, 11 May 2012 08:46:28 +0100

£1.5m Investment - Company Expansion - 16 New Jobs - 54 Employees
EAST Yorkshire farm machinery manufacturer Sumo UK hopes to create at least 16 new jobs if its £1.5 million 3,000 sq m manufacturing expansion plans get the go-ahead.

Inca Digital Printers Limited

Fri, 11 May 2012 08:42:09 +0100

New 48k sq ft headquarters
Inkjet printers manufacturer Inca Digital Printers Ltd, has bought 48,000 sq ft of office space for its new Cambridge headquarters. The company was represented by Savills.

Plexus Holdings PLC

Fri, 11 May 2012 08:42:05 +0100

£1.3m contract secured - potential new jobs
Plexus Holdings has secured a £1.3m contract to supply BG International Ltd with wellhead technology for gas exploration drilling operations in the North Sea. The contract is expected to start producing revenues from November 2012. Jobs could be created as a result of the new business. 2011 turnover £15.4m, 90 employees.

Petford Tools Limited

Thu, 10 May 2012 08:53:15 +0100

Business Growth - £1m Investment - 15 New Jobs
Toolmaking firm Petford Tools is to increase its staff by 15 and invest more than £1 million on new machines to expand its production line. The company has already invested £3m over the last 5 years and has £14m annual sales. Technical Sales Manager is Nick Howard.

Renishaw Plc

Tue, 08 May 2012 08:39:37 +0100

Acquires R&R Sales - US company - metrology system sales expansion
Gloucestershire-based engineering company Renishaw has acquired US-based R&R Sales as part of its international expansion strategy. The acquisition will support Renishaws increasing focus on metrology system sales. The takeover will support R&R Sales plans to supply its fixturing products to markets across the world.

Cobham Plc

Tue, 08 May 2012 08:39:37 +0100

Thrane & Thrane to be acquired - 275m Deal - Turnover 170.6m - 10,700 Employees
Cobham is to acquire communications business Thrane & Thrane after the Danish company accepted a revised offer of 275m for the business. John Devaney is Executive chairman.