Local business headlines...
Property firm adds to portfolio with 40,000 sq ft warehouse
A property development, investment and construction firm is set to see its property portfolio expand after agreeing terms to acquire a warehouse in Warwickshire. http://www.thebusinessdesk.com/westmidlands/news/2030645-property-firm-adds-to-portfolio-with-40000-sq-ft-warehouse
Amazon ramping up activity in Rugby
Amazon is hiring people now to work at its new fulfilment centre in Rugby. It is creating more than 400 permanent jobs but that figure will double at busy times. https://www.coventrytelegraph.net/news/coventry-news/amazon-hiring-huge-new-booze-16444219
Warwick Parkway & Leamington stations reopen following £1.3m revamp
Chiltern Railways has spent over £1.3million improving Warwick Parkway and Leamington stations with new open plan ticket offices, LED lighting and modernised facilities. https://leamingtonobserver.co.uk/news/warwick-parkway-and-leamington-stations-open-following-1-3million-revamp/
Ansty Park’s Meggitt and Lufthansa join forces on China contracts
Aerospace, energy and defence supplier Meggitt, which is building a £130m factory at Coventry’s Ansty Park, has joined forces with Lufthansa Technik AG to deliver maintenance, repair and overhaul (MRO) services in mainland China. http://www.thebusinessdesk.com/westmidlands/news/2030814-meggitt-and-lufthansa-join-forces-to-deliver-aircraft-maintenance-contracts-in-china
£10m investment plans revealed for new technology centre in Leamington
By the beginning of 2020, in time for the 100th anniversary of the start of automotive production at the site, all of Liberty’s braking systems design and manufacturing currently in an adjacent plant will be transferred to the new facility. https://www.insidermedia.com/insider/midlands/10m-investment-plans-revealed-for-new-technology-centre
Cubbington dumper maker adds £10m in turnover
Warwickshire-headquartered dumper truck maker Thwaites has added more than £10m in turnover during its latest financial year, new figures have confirmed. https://www.insidermedia.com/insider/midlands/dumper-truck-maker-adds-10m-in-turnover
Kenilworth tech firm sees significant surge in turnover
A Warwickshire technology consultancy has revealed its turnover has risen "significantly" over the last 12 months and now stands a £6m. Tisski, which is headquartered in Kenilworth, employs 60 people and implements major digital transformation projects for a wide range of organisations, including the Health and Safety Executive (HSE), Department for Education and British Business Bank. https://www.insidermedia.com/insider/midlands/significant-turnover-surge-for-tech-consultancy
New test centre at HOBIRA MIRA HQ
Horiba Mira has opened a new propulsion test and development centre at its UK headquarters in Nuneaton.
https://www.insidermedia.com/insider/midlands/new-test-centre-opens-at-horiba-mira-hq
Entertainment giant sells £44m stake in Warwickshire video game maker
An Indian entertainment giant has sold up to £44m worth of shares in listed video game developer Codemasters. Reliance Big Entertainment has disposed of a 14 per cent stake, 20 million shares, in Codemasters Group Holdings at a price of 220p each.
https://www.insidermedia.com/insider/midlands/entertainment-giant-sells-44m-stake-in-listed-video-game-maker
Aston Martin gearing up for Le Mans victory attempt
Aston Martin has confirmed plans to compete in the French endurance classic Le Mans in 2021. The Warwickshire-headquartered car manufacturer made the announcement on the eve of the 60th anniversary of its win in 1959. https://www.insidermedia.com/insider/midlands/aston-martin-gearing-up-for-le-mans-victory-attempt
Office to boost China trade opened
A base to help Warwickshire company's boost their trade links with a major Chinese city has opened in Coventry.
https://www.insidermedia.com/insider/midlands/office-to-boost-china-trade-opened
Golf software firm snapped up
A Warwick web-based provider of golf club and competition management software has been acquired.
https://www.insidermedia.com/insider/midlands/golf-software-firm-snapped-up
Warwickshire company wins sausage deal
Food giant Tulip, which makes Spam, Stagg Chili and Danepak bacon under licence, has secured a new contract with the Co-op to supply fresh sausages
https://www.insidermedia.com/insider/midlands/tulip-wins-co-op-sausage-deal
Fastest growing C&W companies named
The top 50 fastest growing companies in Coventry and Warwickshire created more than 3,600 jobs last year and generated an extra £1.2 billion of combined turnover. The figures were revealed in the latest Coventry and Warwickshire Growth Barometer Report.
https://www.coventrytelegraph.net/news/coventry-news/fastest-growing-companies-coventry-warwickshire-16300669