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Home••The Friday Roundup – 28/02/2020

The Friday Roundup – 28/02/2020

Every Friday, we round up our top 5 most popular reads from the week, along with sharing some of our favourite finds from around the web.

In this week’s roundup, Saica Group announces a £50m investment in Scotland, Food Attraction creates new jobs and expands production capacity for its street food-inspired snack brand, and record orders in January give the aerospace industry renewed confidence.

Our top 5 most read this week

1. Saica Group announces £50m investment in Scotland

Saica Group has announced its intention to establish a new, purpose-built production facility in Livingston, West Lothian within its packaging business division, Saica Pack. The new site, due to be completed by the end of 2021, will see the firm transition from a two-site structure with de-commissioning of its existing Edinburgh and Milngavie sites, into one main plant in Livingston. The company’s decision to invest has been driven by changes in customer demand, ageing facilities and the need for increased capacity.
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2. LEVC to create 100 new jobs to meet growing demand

LEVC is set to create more than 100 new jobs at its headquarters in Ansty, near Coventry. Building on a record year in 2019 – with more than 2,500 units of its taxi sold – LEVC is forecasting a 50% increase in demand for 2020. The electric vehicle maker expanded its product line-up beyond the successful TX taxi with a TX shuttle variant in September last year. In Q4 this year, its range will grow further with the launch of a new electric van. Through the company’s export strategy, its market presence is also projected to more than double, with plans to be operating in 20 countries by the end of the year.
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3. Maine Surface Finishing to create 155 jobs in £9.5m expansion

Coleraine-based manufacturer, Maine Surface Finishing, is to create 155 new jobs in a major £9.5m expansion. The company provides powder coating, wet paint spraying and in-house fabrication across its four factories in Coleraine, Dunloy, Garvagh and Magherafelt. Roles to be recruited include highly skilled engineers, fabricators and welders at the company’s premises in Wattstown Business Park in Coleraine – an Invest NI-owned industrial park. Invest Northern Ireland are supporting the creation of jobs and purchasing of new equipment with a £1.5m investment. Forty jobs are already in place and the other 115 staff will be recruited over the next two years.
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4. Food Attraction to expand capacity & create 150 new jobs

Food Attraction – the firm behind street food-style brand Jake & Nayns’ – has announced plans to make a major manufacturing investment that will extend its Leicestershire site, increase factory capacity and create 150 new jobs. The company has seen a 57% growth over the last financial year, following a wave of retail wins across the industry. Its flagship on-the-go filled naan bread and the recently launched burritos range has helped quadruple its store listings – growth that has seen the brand selling over 55,000 units per week. To meet demand and to cater for further expansion, founders and brothers Jake and Naynesh, invested a seven-figure sum into the business, which enabled the company to purchase the surrounding factories and land around its existing headquarters.
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5. Record orders in January give aerospace industry renewed confidence

Aircraft orders got off to a strong start in 2020, as customers logged orders for 296 new aircraft, the highest January on record, and more than five times higher than the first month of 2019. The strong volume of orders was driven by a surge in single-aisle orders, which at 285, made up most of the total. Following 2019’s fall in aircraft deliveries, which followed eight years of record highs, ADS is forecasting a 13 per cent rise to 1,408 deliveries this year, as manufacturers continue to work to step up production to meet buoyant international demand.
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Our favourite #GBmfg & #UKmfg tweets of the week