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.
Mr Cable says the government would be willing to look carefully at future proposals when the avail... full story...
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.
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.
A Sheffield Forgemasters apprentice defeated a host of challengers from across the country to take an accolade in a prestigious nationwide competition.
Sheffield Forgemasters has become a member of the British Hydropower Association to develop its significant involvement in manufacture for a global hydropower market.
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