News
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Hunting cuts earnings guidance following delayed advanced manufacturing deliveries overseas. Its Electronics and Dearborn operations face third-party supply constraints, while weaker drilling activity has affected other businesses.
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Navantia increases its UK apprenticeship commitment to 750 by 2030. Methil has 75 apprentices and an expanded workforce, while £26.7 million has been invested in the Fife yard since its acquisition.
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Concurrent secures manufacturing orders for bespoke US defence computing hardware. The new $4.2 million tranche takes production orders to $7 million, alongside an earlier $6.2 million design services programme.
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Alamo Group has acquired Yorkshire road maintenance manufacturer Econ Engineering. The £120 million transaction brings gritter and road repair vehicle manufacturing, alongside a fleet of approximately 1,300 specialist rental trucks.
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Renew has acquired PBU to expand electricity network engineering capabilities. The deal comprises £31.1 million initially and up to £18.9 million contingent on future profits, adding cabling and directional drilling expertise to Excalon.
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AAC Clyde Space plans additional satellite manufacturing capacity in Glasgow. The new cleanroom and integration facility is scheduled for early 2027, alongside other expansions in Sweden, London and the United States.
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Aureos will remove eight heavy boilers from Dungeness A station. The contract is worth up to £190 million and follows four years of enabling work at the former nuclear power station in Kent.
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BKT outlines tyre performance priorities at a French limestone quarry. The Coussegrey operator uses different EARTHMAX models for loading and haulage, citing traction, durability and machinery availability without publishing independently measured cost or fuel savings.
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IFS reports industrial AI bookings surpassed three times 2025 levels. The comparison covers nine months of 2026 against the entire previous year; annual recurring revenue exceeded €1.3 billion and more than 100 customers registered for AI pilots.
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Industrial manufacturers face overlooked dependencies on essential critical mineral inputs. BCG finds that direct purchasing records can conceal vulnerabilities within components, manufacturing tools and overseas processing capacity, even where the exposed mineral accounts for little spending.
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