Leicester Bearings, a specialist in the supply and distribution of engineering components, consumables and associated mechanical services, has acquired Mercury Power Transmission, a prominent player in the bearings, power transmission and fabrication industry. The focus is now on ensuring a smooth transition for employees, customers, suppliers and other partners.

Managing director of Leicester Bearings, Jamie March, says: “The extensive knowledge and experience that Mercury Power Transmission brings are second to none. This acquisition represents a strategic investment in expanding our footprint in the supply of fabrication, engineering services and power transmission, enabling us to deliver even greater value to our customers and drive sustainable growth.”

More information www.leicesterbearings.co.uk 

XYZ Machine Tools will celebrate 40 years of product and service excellence by staging a showcase technology exhibition at its 100,000 sq ft headquarters and manufacturing facility in Burlescombe, Devon. Taking place on 9-10 July 2024 (09:00 to 15:00), this technological and commercial show of strength will demonstrate why the company has become the UK’s largest supplier of CNC machine tools.

“To celebrate 40 years of trading we’ll show our full product range, everything from manual machines, ProtoTRAK mills and ProtoTRAK lathes, through to a broad spread of other CNC machines that include five-axis machining centres and sub-spindle lathes,” explains managing director Nigel Atherton, who founded XYZ Machine Tools in 1984. Highlights will include the new XYZ 65 LTY-S sub-spindle turning centre, technologies and services from 17 invited partner companies, and tours of XYZ’s state-of-the-art factory.More information www.bit.ly/456W4ne

The UK’s national event for inspiring and connecting the manufacturing industry has once again been hailed as a triumph, with thousands of visitors filling the five halls at the NEC in Birmingham over the week-long show in April. The 2024 edition of the exhibition saw a 6% increase in the number of visitors meaning the full attendance of the event is rapidly approaching 30,000 people.

A highlight of the seminar programme was the launch of the MTA’s latest ‘True Impact of Manufacturing Report’. The report reveals the significant positive impact that manufacturing has on the UK economy, which is far greater than many think. Key findings of the report include: manufacturing accounts for £518bn of UK GDP and supports 7.3m jobs; ‘making things’ accounts for 34.5% of all UK goods and services exports; and themedian wage in manufacturing is 11% above the national average.

For further information www.machexhibition.com

XYZ Machine Tools took orders worth in excess of £1m at the recent MACH 2024 exhibition in Birmingham. Spanning 12 machines, this figure is expected to rise in the coming weeks and months as the company’s area sales managers work through the high number of enquiries generated at the show. The quantity of leads is up considerably on the previous MACH in 2022, providing a positive indication of robust investment levels across UK industry.

“We saw a similar number of visitors to the stand as MACH 2022, but the quality was better,” states Martin Burton, sales director at XYZ Machine Tools, which is celebrating its 40th anniversary. “There were more people looking to make an immediate or near-future investment, rather than discussing plans further down the track. In particular, it was nice to meet a number of companies who are considering XYZ for the first time.”

For further information www.mtimagazine.com