Glynwed has continued to expand its pipes division by acquiring three industrial plastic pipe fittings businesses from Dutch firm Akatherm for £6.2m. New chairman Ewen Macpherson will join the group’s board from 3 September.
Speedy steel sale
Steel fabricator Severfield-Reeve has sold its Structural Metal Decks business for £1.8m to a Firth Steels subsidiary. The Thirsk-based firm bought SMD just two years ago for £39,000 as part of a take-over of JN Rowen.
The European Low Emission V4 Automotive Two-Stroke Engine (Elevate) consortium has won a research grant from the European Union (DG X11 Brite-Euram). UK representatives in the project to develop a 2.0-litre engine are Group Lotus and Queens University, Belfast.
Landing craft deal
BAeSema last week won a £35m MoD contract for ten landing craft for the Royal Navy. They will be built by Ailsa-Troon on the Clyde under a sub-contract to BAeSema which is believed to be worth £20m. The vessels will be the navy’s first ‘drive-through’ landing craft with both bow and stern ramps.
Eye on the bug
Barry Stickings, BASF’s managing director, said his firm would probably stock-pile cash around the millennium celebrations as a back-up measure in case of millennium bug problems in the financial sector.
Recently floated Alstom has won a contract to supply signalling and control systems to Railtrack for the West Coast Main Line, in a deal worth up to £1bn over the next eight years.
Noise control advice
The Health & Safety Executive has published two new information sheets on how to reduce noise-related ill health in engineering.