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30 July 2010

Forgemasters looks to 2011 for press project review

The board of directors at the Sheffield engineering specialist has welcomed a recent statement from the Secretary of State for Business, Innovation and Skills, Vince Cable, which pledges to support the company following the cancellation of an £80m government loan.

29 July 2010

Record breaking number of apprentices at Sheffield Forgemasters

Sheffield Forgemasters International Limited has taken on a new batch of apprentices to bring the total number employed to its highest level in the 200-year-old company’s history.

20 July 2010

Joint funding statement by Sheffield Forgemasters and HM Government

Last week the Board of Sheffield Forgemasters met senior Government officials together with advisors from the financial sector, to consider options to finance the 15,000 tonne press project after the withdrawal of an £80 million loan that had been conditionally offered by the previous Government. The meeting considered what alternative funding sources might be available to fill the gap after strenuous efforts by all concerned.

15 July 2010

Sheffield Forgemasters apprentice secures national recognition

A Sheffield Forgemasters apprentice defeated a host of challengers from across the country to take an accolade in a prestigious nationwide competition.

12 July 2010

Forgemasters joins British Hydropower Association

Sheffield Forgemasters has become a member of the British Hydropower Association to develop its significant involvement in manufacture for a global hydropower market.

23 June 2010

Media statement on behalf of Sheffield Forgemasters International Ltd, further to the Government’s announcement to overturn a pledged £80 million business development loan.

Graham Honeyman, chief executive at Sheffield Forgemasters, said: "Sheffield Forgemasters' board of directors have met to further consider the announcement by the new coalition Government to cancel an £80 million loan offered by the last Government."This company continues to trade profitably and remains unaffected by the Government's decision on an operational level.

21 June 2010

Sheffield Forgemasters exchange landmark deal with Indian engineering giant

A unique £30m knowledge transfer package between UK-based Sheffield Forgemasters and India’s largest power equipment maker, Bharat Heavy Electricals Limited (BHEL), has been agreed in a landmark deal.

21 June 2010

Forgemasters focus remains on business development

Sheffield Forgemasters International will continue to develop its significant involvement into civil nuclear, thermal and hydro power generation markets and seek other ways to develop the business having recieved confirmation that the Government will not honour an £80m loan for a new 15,000 tonne press.

14 June 2010

CBI director-general visits Forgemasters

Richard Lambert, the director-general of the CBI, visited Sheffield Forgemasters to see progress on a £23m manufacturing expansion programme which will enable the company to capitalise on growing global order books.

21 May 2010

Forgemasters pledge to ‘fly local’

Sheffield Forgemasters is supporting Robin Hood Airport after pledging to ‘fly local’.

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