Succession planning proves vital at Alloy Wire

A UK manufacturer of round, flat and profile wire is on course to celebrate a record year, less than 12 months on from a MBO designed to protect the ‘unique values’ of the business.
Alloy Wire International, which began trading in the Black Country more than 77 years ago, has seen sales rocket by £3m since completion of the deal in January, taking turnover to £18m with the prospect of breaking £20m in 2024.Demand from customers in more than 63 countries has been behind the initial boost, but the company is now adamant that its commitment to extending employee ownership will drive ongoing success.
For further informationwww.alloywire.com

SPF project

The University of Strathclyde’s Advanced Forming Research Centre (AFRC) and ITP Aero have co-developed a project to minimise energy use and material waste, and enhance productivity throughout the lifecycle of the aerospace superplastic forming (SPF) process. The three-year £750,000 project aims to develop a predictive tool that identifies the lowest temperature possible for successful SPF across ITP’s product range.This new tool will be capable of predicting microstructure evolution, damage initiation and alpha-case formation during SPF.
For further information www.bit.ly/44R55PL

Student success in robotics

The winners of the 2023 WorldSkills UK Industrial Robotics competition, held in conjunction with FANUC UK, were announcedat an awards ceremony in Manchester last month. Representing the best of the UK’s rising robotics talent, Hannah Currie and Peter O’Neill from Northern Regional College in Northern Ireland beat over 50 talented young apprentices and students to take gold at the national finals, which were held over three days at FANUC’s UK headquarters in Coventry. The duo now have the chance to represent Team UK at the WorldSkills International Industrial Robotics competition in 2024.
For further information www.bit.ly/484XXBj

Life on Mars?

A European mission to explore life on Mars has received a major boost after a UK firm was awarded more than £10m to replace Russian components in the Rosalind Franklin Mars Rover.The rover, built by Airbus in Stevenage as part of a European Space Agency programme, was due to launch in 2022 before collaboration with Russia’s space agency was cancelled following the illegal invasion of Ukraine.Now, the UK Space Agency will provide an additional £10.7m to a UK team to replace a Russian-made instrument on the Rosalind Franklin rover, with the aim of launching to Mars in 2028.
For further information www.gov.uk

Machine Tool Indonesia opens this week

Machine Tool Indonesia will open its doors later this week (6-9 December) at the Jakarta International Expo Centre and look to build on the success of last year’s show.The 2022 exhibition edition saw more than 840 exhibiting companies from 33 countries take part. Alongside a variety of onsite activities, including business matchmaking, ‘Tech-Talk’ sessions, live demonstrations and product presentations, last year’s event attracted over 25,300 trade attendees from more than 10 countries. Some 44% were first-time visitors.

Co-located with three other industries events, including Manufacturing Indonesia, Tools & Hardware Indonesia, and Industrial Automation & Logistics Indonesia, the exhibitions have become the largest manufacturing trade show for machinery, supplies and equipment exhibitions in Indonesia – all under one roofspanning 17,800 sq m.Some 78% of visitors at the 2022 show said they would return this year.
For further information www.machinetoolindonesia.com