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Schneider Electric and Aveva call off their £550m merger

Schneider Electric’s planned reverse takeover of the UK-based industrial software developer Aveva has been abandoned after the two parties were unable to agree on the terms of the transaction.

UK manufacturers doubt Government’s commitment to sector

UK manufacturers have become less confident in the Government’s ability to create a more balanced economy by expanding the sector, according to a new survey by the Institution of Mechanical Engineers (IMechE) and the accountants and business advisers, BDO.

Goodwin moves from B&R Automation to Weidmüller

Simon Goodwin, general manager of B&R Automation in the UK for almost ten years, has been appointed managing director of Weidmüller in the UK and Ireland. He will be responsible for developing and driving the business, providing strategic leadership, and overseeing the company’s activities in the UK and Ireland.

Swedish group snaps up Acorn Industrial Services

The Swedish industrial conglomerate, Axel Johnson International, has acquired the UK industrial parts distributor, Acorn Industrial Services Group, for an undisclosed sum. The deal strengthens Axel Johnson’s position in the UK market and expands its bearings and transmissions business.

‘Every £1 invested in UK automation could deliver £49 return’

Investing an extra £1.2bn in automation and robotics could add more than £60bn to the UK economy over the coming decade – a £49 return on every £1 invested – according to a new report from Barclays bank. Such an investment, it adds, would expand the UK manufacturing sector to reach a value of £191bn by 2025 – a £38bn increase on the current value – as well as safeguarding 105,800 jobs across the economy.

£350k grant helps hydraulics group to enter automation

Group HES, the Gloucester-based hydraulics engineering company, is expanding into the industrial automation and motion control market with the help of a £350,000 government grant which it will match, resulting in a total investment of £700,000 over the coming three years.

N Ireland motors and gears company invests £2.2m

The Northern Ireland drives, motors and gears supplier JJ Loughran, is investing £2.2m to expand into new industry sectors and regions across the UK and the Republic of Ireland. The investment – including a £281,090 contribution from Invest Northern Ireland – is expected to create 37 new jobs at the company’s Cookstown, County Tyrone, headquarters over the coming three years.

Moog’s industrial group moves into a new UK home

Moog Industrial Group has moved into a purpose-built production facility in Tewkesbury, Gloucestershire, to support its motion control engineering, design, manufacturing and service activities, globally as well as in the UK.

Turkish switchgear maker sets up shop in the UK

The Turkish switchgear manufacturer, Emas, has set up a UK subsidiary in Stafford, to support its growing UK customer base. The company has invested in stock to support the UK control panel and machine building sectors, and has taken on three staff with more than 30 years of experience, led by managing director, Nelson Finan. The company is setting up a UK distributor network.

Robots will show off their moves at the 2016 Drives Show

Next April’s Drives & Controls Show in Birmingham, UK, will, for the first time, include a dedicated area where some of the latest industrial robot technology will be demonstrated. Interest in robotics is growing rapidly as prices come down and capabilities increase. “The technology is moving ahead incredibly quickly,” says exhibition director, Doug Devlin, “and the time is right for us to launch a robotics demonstration area”.

Welsh drives-maker targets 50% growth with £5.6m factory

The Welsh drives-maker, Invertek Drives, has announced plans to expand into a new factory that will boost its production capacity from 150,000 to more than 400,000 drives per year, and create about 50 new jobs in the process. The 5,000m2 factory – which the Welsh Government is building at a cost of £5.6m – will be next to Invertek’s existing headquarters and production facility in Welshpool, which the company leases from the Government.

Drives Show heads for a full house as bookings surge

A flurry of bookings in recent weeks from companies wanting to exhibit at next April’s Drives & Controls Show means that all of the available space could be taken by end of this year.

Parsons Peebles buys Anstee & Ware, doubling its size

Parsons Peebles Group (PPG) has acquired Anstee & Ware which offers motor, pump and gearbox repair, maintenance, reconditioning and field services to the water, rail and industrial sectors in England and Wales. The acquisition expands PPG’s service capabilities and adds seven new locations to its previous two sites.

Atlas Copco adds Pivotware to Chicago Pneumatic Tools

Atlas Copco has acquired the assets of NJS Technologies, a UK engineering and sales company specialising in process control systems for assembly operations. Terms of the deal have not been disclosed.

Walder joins Schneider as VP of industry for the UK

Schneider Electric has appointed Martin Walder as its vice-president of industry for the UK and Ireland. Walder, who has held senior managerial roles at Rockwell Automation and ABB, and who currently chairs the Engineering & Machinery Alliance, joins Schneider Electric as it reshapes its leadership team for future growth.