Archives

News

28 Dec 2015

As we approach the year end, we thought we’d take a quick look back at some of the top manufacturing and engineering news of 2015.

We started 2015 with the great news that the new Hitachi Class 800 trains were being introduced into the UK rail network with testing due to start in the spring of 2015. That wasn’t the only good news. In addition to the new stock entering the UK network the bulk of the fleet was also going to be manufactured here in the UK with a new facility being built in Newton Aycliffe, County Durham. The factory which represents and £82bn investment was completed on schedule in September 2015 and has resulted in 730 new jobs in the area.

9 Oct 2015

There’s been a lot of talk in the Media about the Trans-Pacific Partnership (TPP) this week as it’s finally been agreed upon between states after a 12 year negotiation. Though the TPP does not directly affect the UK there is a similar agreement in negotiation called the Transatlantic Trade and Investment Partnership (TTIP) which is between the US and various EU countries. These agreements are meant to encourage Free Trade and are being sold as ‘good for everyone.’ It’s very obvious that this is almost never the case in the world of business.

2 Oct 2015

A recent survey revealed that Finance Directors are more worried about the skills shortage in the UK than they are about the UK remaining in Europe. In fact, it ranked second only to concerns regarding the oil price. A worrying statement!

We ourselves have written previously about the skills shortage in engineering indicating that the practical skills needed are not being taught early enough. The misheld perception that engineering jobs are ‘dirty’ and carried out in oil covered overalls or while wearing hard hats on a building site is a perception we need to change. Schools need to open the eyes of their students to the possibilities of engineering careers out there. We also need to ensure that the practical skills that come with these jobs are taught and practiced throughout any period of education. There is little point in learning the theory of how to do something for 3 or 4 years and then not being able to apply that practically when looking for employment.

It seems, that these concerns do not only relate to engineering, but to employment as a whole in the UK. A report by the Chartered Institute of Management Accountants recently stated that UK school leavers are the worst in Europe for essential skills. Whether they are leaving school at 18 or graduating later, employers state that students are lacking the skills they are looking for. It seems the most basic skills such as communication and teamwork are a struggle for many and is given as a major factor when deciding whether to employ a young person.

4 Sep 2015

It’s no secret how much engineering is worth to the UK economy. Estimates are that engineering makes up almost a quarter of UK turnover. As a percentage of UK GDP engineering grew steadily through the global financial crisis. It is clear that the UK is still an engineering powerhouse with world renowned expertise, projects and businesses.

  • UK has 17% of the Global Share of Aerospace revenue
  • £30.7 billion in automotive exports
  • UK Engineering sector employs 5.5 million people
  • Bioscience and Renewable Energy sectors on the cutting edge
31 Jul 2015

Over the years PRV Engineering has been pleased to be able to report our successes in investment, expansion and employment.

In 2014 Managing Director Simon Jones, reported on the success of the company, saying “With the machining facility, fabrication, deep hole drilling, presswork, paint and powder coating services already provided by the company, our £1million plus investment has reinforced PRV Engineering Ltd’s position as a true ‘One Stop Shop Facility’ capable of providing a whole host of components and services.”

PRV Engineering Ltd has developed through acquisition and constant Investment in new technology and 2015 is no different.

3 Jul 2015

BAE Systems test pilot Pete Wilson became the first pilot to test the launch of the F35B from a ski jump last week.

The launch, which took place at a Naval Air Station in Maryland is only the start of testing which is expected to last two weeks and is a big step towards the implementation of the ski launch on UK aircraft carriers.

The F35B is designed for short and vertical take-off and the trials demonstrate the ability to take off and land safely and effectively from a ski-jump ramp.

26 Jun 2015

Airbus signed a partnership agreement with the University of Bristol last week, formalising their commitment to build on training, education and diversity. The agreement was signed at the International Air Show in Paris last week.

Talking about the partnership Thierry Baril, Chief Human Resources Officer of Airbus Group, said: “These partnership agreements underline our commitment to work hand-in-hand with academics and engineering education leaders to develop and secure the competences that the aerospace industry will need in the future.”

19 Mar 2015
This week saw 2 announcements of funding for the UK Rail Industry

First came the announcement by UK Rail Minister Claire Perry of a £6m funded train operator competition aimed at encouraging innovation among operators and improving services for passengers.

Organised by FutureRailway and funded by the Department for Transport, it is hoped the competition will accelerate research, innovation and development in the rail industry. Passenger numbers continue to increase and expectations of service continue to rise so it is hoped that operators and their supply chains will come up with innovative solutions to address the issues and demands of rail users. In addition, any project will also need to address the future challenges of the rail industry, providing long term solutions. Each project will have to deliver innovative services, processes, designs and technology, from concept to working operational prototype and beyond.

11 Mar 2015

A report by Oil & Gas consultant Mark MacArthur of EC Harris Built Asset Consultancy detailed the difficulties of decommissioning in the North Sea. In it he talks about the risks and the cost burdens on operators. The strains of balancing the intricate engineering

He also predicted that of the 600 plus offshore platforms in the North Sea, approximately 50 of these would cease production by 2016, with a further 250 also scheduled to be decommissioned in the coming years.

However, an article in The Engineer yesterday moves things on a step announcing that almost a thousand North Sea oil wells will be decommissioned over the next decade. This is going to be one of the biggest technical challenges in recent years involving large scale engineering.

There have already been several decommissioning projects in the North Sea and industry body Oil & Gas UK is pointing out the dangers of decommissioning too early based on falling oil prices. However, the questions about what happens when the hydrocarbons run out are already being asked and it’s clear we’re closer to the end than the beginning. But how do we manage the end of this era?

9 Feb 2015

There was further good news for The Swansea Bay Tidal Lagoon plan this week.

The £1billion tidal lagoon plan now has full equity funding following a decision by InfraRed Capital Partners to pump up to £100m into the project.

Led by Tidal Lagoon Power Ltd, the project is expected to generate around 500GWh of electricity every year for 120 years, helping to save more than 236,000 tonnes of CO2 annually.

The project will also create almost 2000 jobs.

Werner von Guionneau, chief executive, InfraRed Capital Partners, said: “We are proud to be playing a key role in securing the future of this world-leading renewable energy project.

“The power station is unique in that it not only leverages the estuary’s second highest tidal range in the world, but it will also make a material contribution towards both the local economy in South Wales and the long term stability of sustainable energy supply in the UK.”

It is the second piece of positive news for the tidal lagoon project, within the space of three months. At the end of 2014, the plan was named in the National Infrastructure Plan published ahead of the chancellor’s Autumn Statement.

Events

December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031