AEA Technology has won an £11m contract to monitor radiation and contamination levels at four UKAEA sites Harwell, Windscale, Winfrith and Dounreay over the next three years. It has also set up a joint venture with Canatom to offer nuclear decommissioning services in Canada a market estimated at £20m a year for the next four years.
Triplex hits a Peak
West-Midlands-based Triplex has acquired machining specialist Peak Automotive of Stratford for £33m. The combined business will have a turnover of £160m and 2,000 staff at factories in the West Midlands, Stratford-on-Avon, Keighly, Hereford, Cardiff and Peterborough. Peak will keep its name and management.
Unipoly, formed in 1997 in a management buyout of BTR’s polymer products group, has sold Permali RP, manufacturer of moulded glass and plastic products, and Permali Gloucester, maker of thermosetting composite products, for a total of £6m to their respective management.
Fear of the future
The hard-pressed British machine tool industry is worried about the euro’s impact, year 2000 compliance and legal issues linked with the Internet. A seminar organised for 15 October by trade bodies the MTTA and Beama has had to be moved to a larger venue at machine tool maker Cincinnati Milacron’s Birmingham plant.
Speed attempt blown
A delay while a land mine was cleared was just one of the setbacks to thwart British efforts to smash the world land speed record for electric cars. Test runs on Pendine Sands in Wales fell short of the record set at 215mph by American Eric Luebben last October.