Global battery manufacturer Alexander Battery Technologies (ABT) is to recruit and heavily invest in its UK and overseas sites as it embarks on an ambitious growth strategy to meet rising worldwide demand. The Peterlee-based company, which designs and manufactures customised rechargeable battery packs, has enjoyed strong growth in the past 12 months with turnover rising to £18m for 2023. Since embarking on a five-year growth plan, ABT has seen revenues rise by around 30% during the last year. Now celebrating its 40^th anniversary, the company wants to achieve a £100m annual sales within the next four years.

For further information www.alexandertechnologies.com

NMITE (New Model Institute for Technology and Engineering) is inviting local professionals, business owners, industry leaders and Hereford’s A-level and HE students to its Future of Work conference on 16 May. This free conference and educational event will discuss how evolving trends are shaping work environments. The conference encompasses four sessions: exploring how technologies are shaping the future of work; understanding the role of human skills in a tech-driven world; discussing the significance of EDI and workplace innovation for future readiness; and preparing an approach to future skills.

For further information www.bit.ly/3J8s7cf

Britten-Norman has secured new investment from a group of investors led by 4D Capital Partners LLP, a private equity firm that focuses on operational improvement and business transformation. The new investors are making funds available to Britten-Norman to fund working capital and drive successful long-term growth. Britten-Norman is the manufacturer of the Islander, which the company says is the world’s most iconic commercial light twin aircraft. In 2024, the business will be celebrating 70 years since it was first established at Bembridge Airport on the Isle of Wight, UK.

For further information www.britten-norman.com