Cutting Tool Expert Releases Environmental Report

Cutting tool specialist Tungaloy Corporation has released its 2026 Environmental & Sustainability Report, highlighting the company’s 2025 environmental performance, key sustainability initiatives and progress toward long-term sustainability goals. With the report, Tungaloy says it is reaffirming the corporation’s commitment to ‘Machining × Responsibility’, advancing sustainability through innovation, responsible manufacturing and customer-focused engineering solutions. The report is structured around three pillars: climate and energy; material and product efficiency; and safe and responsible operations.

More information www.tungaloy.com

E-Motorbike Maker Gears Up Exports With UKEF Backing

A West Midlands electric motorbike specialist has secured a £3m trade finance facility, backed by UK Export Finance (UKEF), to export to new and growing markets around the world, supporting British supply chains and helping to cut emissions. Coventry-based Maeving has received the trade financing from HSBC UK to invest in production capacity and meet growing demand from the US, Germany and France

With the support of multi-million-pound trade financing guaranteed by UKEF, the business is set to create 13 new jobs as part of its local expansion plans. The company, which makes over 70% of its electric motorbike components in the UK, will also look to expand into further European markets in the future.

More information www.maeving.com

Landing in Shanghai

The newly founded Liebherr-Aerospace Technology (Shanghai) Co Ltd recently held its groundbreaking ceremony at the Large Aircraft Industrial Park in Shanghai’s Lingang New Area. The event marked a significant step for one of the world’s top three landing gear suppliers. The new facility covers a gross floor area of about 16,000 m², providing ample space for the precision manufacturing and assembly of large-scale aircraft components. Upon completion, the Liebherr plant will create an integrated regional support hub covering precision machining and surface treatment.

More information www.liebherr.com

ANCA Appoints Edmund Boland as Group CEO

ANCA has appointed Edmund Boland as Group Chief Executive Officer, marking the beginning of a new chapter for the global manufacturer of CNC grinding machines and automation technology. Boland succeeds Martin Ripple, who will leave ANCA at the end of July following a transition period that has supported a seamless leadership handover. ANCA Chairman Gavin Smith said the board had unanimously endorsed his appointment based on his proven leadership, his deep understanding of ANCA’s technology, operations and customers, and his ability to lead the company through its next phase of growth.More information www.anca.com

Llanelec Buys Kigass

Llanelec Precision Engineering has acquired of Kigass Aero Components, with the deal being advised by intelligence-led investment and advisory group Heligan Group. The acquisition marks a significant step for Llanelec, which is backed by Hanover Investors’ Active Equity Fund III, as it deepens the group’s aerospace capability alongside its established defence business, broadens its customer base, and brings together two complementary precision machining teams with a shared commitment to quality and long-term customer partnership.

More information www.heligangroup.com