Sheffield Forgemasters details £1.3bn plans

MoD-owned Sheffield Forgemasters has seen its re-capitalisation plan increased from £900m to £1.3bn in a move that will increase capacity for defence manufacture. Under the Government’s recently announced increase in defence spend, the infrastructure at Sheffield Forgemasters has been challenged to provide greater resilience, faster production and reduced lead times. Sheffield Forgemasters’ new forge and machine shop – which will feature 15 of the world’s most advanced, large vertical turning lathes – are set to be operational by the end of the decade, increasing the company’s efficiency and accuracy.

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