TR trading update: Growth across all regions & acquisition search continues
Trifast (TR) has seen organic revenue growth, inventory capacity growth in Italy and Singapore, and profit before tax ahead of expectations, according to its trading update, issued ahead of its official financial year publication in June. TR saw good growth across a number of key markets, particularly in the automotive sector with double digit growth in […]
Automechanika Birmingham 2018: ‘The premium forum for suppliers and automotive companies’
Automechanika Birmingham is heading to the NEC for the third consecutive year. Running 5-7 June, an increase in visitors is anticipated thanks to a raft of new initiatives, networking opportunities and extended opening hours for automotive repair garages. This year’s event is launching a facilitated meetings programme to allow visitors to pre-arrange meetings with exhibitors, ensuring […]
Berner UK changes ownership
Berner UK Ltd, the Fife-based subsidiary of the pan-European Berner Group and supplier to the automotive industry, has completed a share purchase agreement which sees MD Chris Howe become sole shareholder of the business, assuming full ownership and control. The deal, which includes a sole distribution agreement, was concluded for an undisclosed sum between Howe […]
Barton Cold-Form forges ahead with early IATF 16949 certification
Barton Cold-Form, an expert in cold forging and a manufacturing division of Optimas Solutions, has recently successfully become accredited to IATF16949:2016 certification by auditing body BSI. Reportedly one of the first fastener businesses in the region to attain the soon to be mandatory standard, the certification reflects a philosophy of continual quality improvement inherent at […]
USA hits steel imports with 25% tariff: Trump has ‘lit a match under the global trading system’
IN DEPTH: In a bid to correct “unfair trade” US President Trump has signed an order to impose heavy tariffs on steel and aluminium. While Mexico and Canada are currently excluded, the Section 232 steel tariff will hit steel imports from all other countries – including products from the EU – with a 25% tariff. This […]
Optimas receives Jaguar Land Rover Quality Award
Optimas Solutions has been presented with the Jaguar Land Rover Quality (JLRQ) award at its facility at Spitfire Park, Birmingham. The prestigious award was presented to the global distributor of fasteners and c-class products in recognition of the consistently high quality of service and product delivered to the luxury car marque. The award, which is […]
TR Fastenings heads to Mexico for automotive trade mission
TR Fastenings (TR) took part in a British trade mission to Mexico this summer, as part of a group of businesses representing the UK’s automotive industry. The trip, hosted by Santander and the Society of Motor Manufacturers and Traders (SMMT), was organised to champion British automotive expertise to Mexican businesses and allow the trade delegates […]
Stahlwille brings augmented reality to handtools
German torque tool and handtools specialist STAHLWILLE has introduced augmented reality to handtools. The innovation has been developed with oculavis, resulting in a smart visor prototype that will safely guide an end user through a wide range of different joints. The system is capable of reducing training phases and accelerating the fastener-tightening process. At the […]
AV Dawson reveals expansion road map for Teesside automotive steel logistics hub
A North East based logistics specialist AV Dawson is investing in further expansion of its award-winning automotive steel hub as it gears up for future growth. AV Dawson owns and operates a 100 acre freight terminal in Teesside and is developing its automotive steel logistics operation as it anticipates demand starting to outgrow existing facilities. […]
Automechanika Birmingham launches plans for 2018 event
UK’s automotive industry exhibition Automechanika is returning to the NEC, Birmingham, 5-7 June 2018 for the third time. There will be a number of revamped features for 2018, including: An improved layout, where exhibitors will be grouped into dedicated halls with aftermarket in Hall 19 and 20 and vehicle production in Hall 6. A new Workshop […]