Credit availability begins to ease but challenges lie ahead for manufacturers

A survey of UK manufacturers, conducted by Findlay Media in association with Deloitte, has revealed that almost two-thirds of manufacturers (62 per cent) expect the availability of credit to remain the same or improve in the coming 12 months. 

The industry is also responding positively to the economic challenges by making use of available public sector funding, with 63 per cent declaring a good understanding of available grants and incentives whilst 33 per cent of manufacturers have sought capital from alternative sources such as shareholders or parent companies. Continue reading

Advertisements

Joint administrators reach agreement to sell Happich Profiles Limited

Deloitte, administrator to Happich Profiles Limited in Castle Bromwich, has announced the sale of the business for an undisclosed sum. Continue reading