THIS WEEK’S HIGHLIGHTS

CMF sets out net zero roadmap

A leading voice for the foundry industry has released a five-point blueprint that will help the castings sector deliver a £10bn boost to the economy.Published by the Cast Metals Federation (CMF), the Net Zero roadmap is urging government to create a stable policy environment that focuses on reforming energy markets and providing clean energy. It must also offer incentives for capital investment in zero-carbon furnaces and production equipment, and ensure UK trade policies support customer demand for low-carbon products from global markets.

The ‘asks’ also call for Whitehall to encourage and enable the release of land for modern, zero-carbon foundries and associated zero-carbon energy generation facilities.Adam Vicary, CEO of Castings PLC and chairman of the CMF Net Zero Advisory Panel, says: “This blueprint sets out how UK casting manufacturers can lead globally, growing the industry, decarbonising our components, providing strategic resilience to UK supply chains, creating jobs and wealth, and making the components required for a modern economy.”
For further informationwww.castmetalsfederation.com

UR reports record revenue

Universal Robots, a Danish collaborative robot (cobot) company, has reported Q4 revenue of $85m, bringing 2022 annual revenue to $326m, up 5% on 2021. On a constant currency basis, growth over the year was 12%.The company’s CFO Kim Andreasen says: “We are proud to have continued to grow our business despite facing a difficult macro-economic environment in 2022. We focused on things we were able to control, overcoming supply chain challenges to report our highest annual revenue to date.” In 2022 UR also began construction on its new headquarters and exceeded 1000 employees worldwide.
For further information www.universal-robots.com

Seco buys Premier Machine Tools

Ireland-based PMT Premier Machine Tools, a supplier of machining solutions for the medical industry, has become part of the product and service offering from cutting tool specialist Seco. With this acquisition Seco will increase its presence in the medical segment by offering integrated manufacturing solutions.PMT will continue to operate as an independent company and sell its products and services under the PMT brand. PMT’s business consists of supplying cutting tools and providing expertise, alongside a thriving machine tool supply business.
For further information www.secotools.com

Airbus to recruit 13,000

Building on a 2022 recruitment drive that added over 13,000 new staff members, Airbus is launching another round of hiring for 13,000 more employees with the skills necessary to support the company’s long-term projects. Approximately 25% of the recruitment will focus on jobs in fields such as decarbonisation, digital transformation, software engineering and cyber technology. Airbus will allocate a third of the total recruitment to young graduates, from which it plans to evolve future senior function and business leaders through technical and leadership development, networking and exposure to top management.
For further information www.airbus.com/en/careers

Innovative tooling at heart of partnership

MSC Industrial Supply Co UK (MSC) and Walter Tools have entered a new supplier partnership focused on ensuring machine shops receive high-precision tooling and value-added service.

“Walter Tools’ focus on innovation and new product development matches closely with MSC’s values of providing products and services of the highest possible standard,” explains James Howarth, head of category management at MSC. “Many industries, from automotive and energy all the way to aerospace, require high-quality suppliers with whom they can work closely; who understand their needs and can recommend the right tools for the job. Walter Tools’ focus on helping customers streamline their processes resonated with MSC and is a key reason behind the forming of this partnership.”
For further information www.mscdirect.co.uk