Manganese Bronze Holdings PLC | Reg No. 00061050 | SIC Code 7415 | HQ West Midlands | Tel 02476 572000 | Turnover £69.6m | Employees 479 | Locations 1 | 43 Company Alerts | 3 Subsidiary Alerts
Black cab manufacturer Manganese Bronze Holdings has experienced slower trading and expects UK sales in the first half of 2012 to be lower than for the first half of 2011. Trading has been affected by weak business confidence due to adverse economic conditions. Sales are expected to improve in the second half. 2010 turnover £69.5m, 321 employees.
22 May 2012
£60m order - 1016 machines for Brazilian Government - view original
J.C.B. Service | Reg No. 00564955 | SIC Code 2952 | HQ North West | Tel 0800 581761 | Turnover £2,001.8m | Employees 7077 | Locations 1 | 53 Company Alerts | 199 Subsidiary Alerts
Excavator manufacturer JCB has secured a £60m order with the Brazilian Government for 1,016 machines. The order is for a fleet of backhoe loaders which will be used to improve the road infrastructure in the country. The first 114 have now been delivered.
Vauxhall Motors Ltd | Reg No. 00135767 | SIC Code 3410 | HQ South East | Tel 0844 369 0112 | Turnover £3,476.1m | Employees 3076 | Locations 4 | 81 Company Alerts | 8 Subsidiary Alerts
Job Gains / Losses: 700 Jobs Gained Contracts, Orders: 700 Jobs Gained North West: 700 Jobs Gained Vehicles & Components: 700 Jobs Gained
Vauxhall Motors has confirmed that 700 jobs will be created at its factory in Ellesmere Port, Merseyside. The factory will work an additional shift in order to build the new Astra, with assembly of the new car scheduled to start in 2015.
22 May 2012
Placed into administration - cashflow difficulties - view original
Cambridgeshire-based motor sports companies Lola Cars International Ltd and Lola Composites Ltd have been placed into administration, putting jobs at risk. The companies have experienced financial difficulties due to the economic downturn and the loss of R&D tax credits from HMRC. Discussions will continue with possible investors and prospective purchasers.
21 May 2012
UK Steel Enterprise investment - major expansion strategy - potential new jobs
18 May 2012
Growth funding secured - £16m contract - potential new jobs
17 May 2012
Ellesmere Port factory safeguarded - 100s new jobs - new Astra model
17 May 2012
New training academy - 230 jobs created
16 May 2012
Possible production increase - securing 2,100 jobs
16 May 2012
£1bn extra spending - 300 jobs created - Increased demand
16 May 2012
14 new jobs - launching Chelmsford car dealership
15 May 2012
Global sales reach record levels - profit increased to £585m - positive outlook
15 May 2012
£15m contract secured - 10 new jobs
08 May 2012
7.6m funding secured - major expansion in north west - potential new jobs
08 May 2012
85 jobs lost - To protect profitability
08 May 2012
Scotland ferry contract secured - potential new jobs
04 May 2012
40m tram contract secured - potential new jobs
03 May 2012
500 new jobs - Civic production expanded
02 May 2012
Net Profit up to £1.15bn - Revenue up 10 percent
02 May 2012
Profits doubled to £1.5m - regional expansion plans - potential new jobs
02 May 2012
Creating 150 jobs - 17m investment - developing new products
02 May 2012
Profit rises 93 per cent - Revenue increases 26 per cent - Earnings up 10 per cent
02 May 2012
New IT system - Streamlined warehousing - Turnover £57.4m - 187 Employees
27 Apr 2012
CFO resigns - Possible sale of company - Turnover £7.4m
The UK's road vehicles, marine construction and aerospace industries make major contributions to the national economy but in many areas are vulnerable to global factors. Apart from labour costs that are only overcome by investing in higher productivity and higher added value technologies, these sectors are exposed to recessionary pressures in a number of international markets and, in the context of UK PLC, in the motor industry in particular, foreign ownership of key manufacturing assets means strategic decisions are made outside the UK. Whilst the automotive and aerospace sectors are in comparatively robust health, there is an ever-present danger of being unable to attract or educate new blood on the one hand and, on the other, contraction to a point where there is no longer a viable skills base.