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Change of plan

Stewart Milne to offload £100m timber frame arm

Stewart-Milne-timber-frames
Stewart Milne has seen ‘stellar’ growth of its timber business Housebuilder Stewart Milne is selling its £100m-turnover timber systems business to capitalise on its strong growth and invest in landRead More

Amid gas support muddle

Steelworks to restart after Liberty seals funding

Liberty Steel
Liberty Steel has raised funds Hopes for the future of two steelworks have risen after the GFG Alliance said on Sunday it had agreed a £50 million debt restructuring dealRead More

Delayed revenue

Weir hit by ‘sophisticated’ ransomware attack

Jon Stanton
Jon Stanton: robust action Engineering and mining firm Weir Group said in an after-hours statement it had been the target of a “sophisticated” ransomware attack, forcing it to bring forward itsRead More

R&D boost

Boeing-backed research centre opens in Renfrew

Metallics-Research-Centre-with-Boeing-at-NMIS
Keith Ridgway, NMIS cxecutive chairman; Minister Ivan McKee; Sir Martin Donnelly, president of Boeing Europe  A huge boost to R&D was marked with the official opening of the Metallics ResearchRead More

Three potential sites

Dundee in race for AMTE’s battery gigafactory

AMTE Power
AMTE is pioneering battery development Dundee is one of three sites in the running for a UK battery gigafactory being planned by north of Scotland developer AMTE Power. The Thurso-basedRead More

Underlying strength

CR Smith sees glazing profits hold up as demand grows

Gerrard Eadie CR Smith
Gerard Eadie: underlying strength (pic: Terry Murden) CR Smith Glazers said operating profits came in at £170,223 for the 16 months to the end of December, taking into account fourRead More

Battery power

Hobson succeeds Westcott as CFO at AMTE Power

AMTE-battery
Battery developer AMTE Power said James Hobson will take over as chief financial officer following the conclusion of its AGM. Mr Hobson joins the Thurso-based company with extensive experience inRead More

Expansion

Akela opens Leeds hub in planned English roll-out

Akela
Akela has extensive operations in Scotland Ground engineering and construction company, Akela Group, has taken premises in Leeds as part of plans to expand into the English market. The Glasgow-basedRead More

Wooden show home

Modular home aims to prove case for Scottish timber

timber home
Homegrown timber features in the modular home A wooden ‘modular’ house will be showcased at the COP26 summit in Glasgow to show how Scottish timber can be used to buildRead More

Market report

John Lewis cuts losses | Kier back in black | Galliford Try

Kier
REFRESH PAGE FOR UPDATES 5pm: Airlines soar on travel change talk Airlines were among the best performers amid an expected shake-up of the travel quarantine rules. British Airways parent InternationalRead More