£14m funding

A trio of manufacturing related research initiatives led by the National Manufacturing Institute Scotland (NMIS) have received a £14m of funding through Glasgow City Region Innovation Accelerator programme.The three projects will accelerate productivity and sustainability across local manufacturing and engineering specialists, with smaller businesses working alongside partners such as Boeing, SSE Renewables, Howden, Thales and Babcock. The projects are supported with £5.4m from the UK Government and up to £8.6m from industry partners.

For further information www.nmis.scot

Strategic partnership

Inventory management solutions expert Tooling Intelligence has formed a strategic partnership with the Howcroft Group. The collaboration will introduce a comprehensive inventory management programme to Howcroft Group’s existing customer base, serving as a catalyst for further business growth.As a specialist in delivering inventory management solutions powered by SupplyPro, the Tooling Intelligence portfolio will further enhance the customer supply chain for Howcroft Group, an independent supplier of maintenance, repair and overhaul (MRO) consumables in South Yorkshire.

For further information www.toolingintelligence.co.uk

Major names invest in ModuleWorks

ModuleWorks, an innovator in tool-path generation and simulation technology for digital manufacturing, is announcing the successful closure of its Strategic Partner Programme (SPP) investment round. The move marks a significant milestone in the company’s history, with major names in the areas of CADCAM, CNC controls, machine tools and cutting tools joining the programme as minority shareholders in ModuleWorks. Investing partners include Autodesk, DMG Mori, DN Solutions, Kennametal, Mitsubishi Electric and PTC, among others.ModuleWorks is now on target for an accelerated innovation path.

For further information www.moduleworks.com

New heights for ITC at MACH

The bi-annual MACH exhibition once again proved successful for cutting tool manufacturer Industrial Tooling Corporation (ITC). The supplier showcased its full range of cutting tool solutions at MACH, including ITC’s UK-manufactured cutting tools and solutions from principalsBig Kaiser, Widia, Karnasch, Kemmler and Bass. ITC reports an unprecedented level of enquiries.

Georgia Graves, internal sales and marketing at ITC, says: “In the aftermath of Covid, it’s evident that more manufacturers want to buy UK-manufactured products with guaranteed supply chain continuity and stability. As a manufacturer based in the Midlands, it’s not just our product quality that sets us apart, but also our UK production base and portfolio diversity. This combination once again generated an incredibly high number of leads at MACH.”

For further information www.itc-ltd.co.uk

Contract wins worth millions

A UK manufacturer of precision aerospace components has secured a string of new multi-million-pound contracts just a few days after it was named as a King’s Award for Enterprise winner for International Trade. Arrowsmith Engineering (Coventry), which is part of the ASG Group, has sealed long-term agreements with ITP Spain, Incora and Rolls-Royce in the UK and Germany, delivering the company’s largest order book in its 57-year history.

The news marks what has been a strong export period for the business, with overseas sales rocketing by nearly 400% following the pandemic and accounting for 35% of the firm’s annual £8.3m turnover.Precision components manufactured in Coventry are sent to global customers in Brazil, China, France, Germany, Singapore and Spain for use in aerospace engines, landing gear and airframes.

For further information www.asg-group.co/arrowsmith