£220m BAE investment

BAE Systems will invest £220m to upgrade its facilities in Rochester, Kent. The site will undergo significant renovation to create a new state-of-the-art factory of more than 32,000 m². BAE Systems’ 1600-strong workforce in Rochester specialises in advanced aerospace technologies such as head-up displays and helmet-mounted displays for civil and military aircraft worldwide. The new facility will combine manufacturing, engineering and office space. BAE Systems expects the increased capacity provided by a more efficient and sustainable facility will see the creation of 300 jobs over the next five years.

More information www.baesystems.com

CPI-backed investment fund launches

Innovative UK-based SMEs will now have a new source of support through the launch of EverQuest Capital Partners, an investment firm committed to driving transformative change in industries such as automotive and renewable energy. In partnership with CPI, the fund provides not only financial backing but also access to state-of-the-art technical expertise and world-class facilities. With decades of experience in high-value markets, CPI says it offers SMEs a unique advantage. By providing access to cutting-edge infrastructure and support, CPI helps businesses accelerate their innovations to market. 

More information www.uk-cpi.com  

Automotive firm set for growth

An automotive prototyping firm based in Coventry is gearing up for accelerated growth after landing a five-figure grant for new equipment to meet rising demand. Futura Design received a £25,000 grant from the Business Growth West Midlands team at Coventry City Council, with funding from the UK Shared Prosperity Fund.

The £22m turnover company manufactures prototype models predominantly for the automotive industry, and the money will fund nearly half the cost of a new paint booth to help with the finishing of high-end prototypes. It means the firm can now meet rising demand for its paint development and finishing services from major names such as JLR, Bentley and Aston Martin.

More information www.cwgrowthhub.co.uk

New £5.5m manufacturing centre

A new £5.5m manufacturing centre in the Glasgow region aims to support the UK’s transition to net zero while driving substantial economic impact. By promoting circular economy practices to reduce waste and emissions, the centre could help reshore supply chains and unlock new opportunities for manufacturers.

The ReMake Value Retention Centre (RVRC) will be located within the National Manufacturing Institute Scotland (NMIS) and the University of Strathclyde, in partnership with the University of Exeter and the University of Sheffield. The centre is funded through UKRI’s ‘Accelerating the Green Economy’ programme and will focus on ‘high-integrity’ sectors such as aerospace, marine, wind, nuclear, industrial and power generation.

More information www.bit.ly/40GwwNN

Young engineers march at Lord Mayor’s Show

Apprentices from the University of Sheffield AMRC Training Centre were among the thousands marching through the streets of London on 9 November for the Lord Mayor’s Show. They not only represented Sheffield’s manufacturing legacy, but also took the opportunity to celebrate the 400th anniversary of the Company of Cutlers in Hallamshire.

More than 30 apprentices and staff members from the AMRC Training Centre joined the three-mile long procession to mark the 400th anniversary of the Cutlers’ Hall as ‘the voice of manufacturing in Sheffield and South Yorkshire’. To date, the AMRC Training Centre has nurtured more than 2000 apprentices for a wide range of businesses.More information www.amrctraining.co.uk