Sheffield Forgemasters extends Harsco contract for five more years
Sheffield Forgemasters has extended its 30-year relationship with Harsco Environmental by signing a five-year contract renewal.
Under the contract Harsco will provide heavy material movements, including molten steel and ultra-large components, slag and scrap management and Melt Shop services.
Harsco Environmental employs 19 staff on the 64-acre Brightside Lane site, supplying 30 vehicles including KAMAG heavy load transporters capable of carrying 320 tonnes and the class-leading Cometto self-levelling transporter, which moves molten steel around the site.
Commercial Director Jeremy Makepeace said: “The work that Harsco Environmental undertakes is crucial to our operations and requires full understanding of the safety implications of each task.
“Most of the work that Harsco undertakes is challenging, whether that’s moving materials in a hot-metal environment, transporting molten steel from the Melt Shop, or moving our largest castings and forgings around the site.
“Throughout the tendering process Harsco demonstrated, in conjunction with an impeccable safety performance, a successful track record of such operations alongside meeting our value for money expectations.”
Russ Mitchell, Vice President and COO of Harsco Environmental, said: “We are thrilled to extend our partnership. This contract renewal reinforces our unwavering commitment to delivering value and maintaining the highest safety standards.”
Finance Yorkshire pumps £1m into Yorkshire music company
Yorkshire-based family firm Music Factory Entertainment Group, renowned for its Jive Bunny brand, is poised for growth because of a £1 million investment from Finance Yorkshire.
Finance Yorkshire’s investment from its growth fund has enabled the company to restructure, creating a group of associated businesses including Music Factory Recordings which will continue to distribute and optimise its catalogue worldwide.
Jive Bunny had three consecutive UK number one singles, 13 world-wide number one singles and a triple platinum album. The group’s music is still regularly streamed across platforms including You Tube and Spotify.
Andy Pickles is the son of the founder, and is now Executive Chairman. He said: “With Finance Yorkshire’s investment we can develop and grow our music catalogue in what is an exciting period for the music industry. The Jive Bunny brand is still going strong and we plan to optimise it across all platforms.”
The company has recently relocated to Tileyard North in Wakefield, taking a 2,500 sq ft space as one of the first anchor tenants in the creative hub. Andy said: “We are very proud of what we have achieved by starting out in Rotherham and still being based in Yorkshire. For that reason, we were very attracted to work with Finance Yorkshire and its team.”
As well as Music Factory Recordings, the company has launched Pure Music GO to provide gym and fitness operators with music services.
It also runs North Star 360, a training and development programme for young people keen to pursue careers in the music industry. Next month, North Star 360 is hosting a five-day summer camp providing students with hands-on, practical experience, taught by industry professionals with a wealth of expertise.
Alex McWhirter, chief executive of Finance Yorkshire, said: “Music Factory is a well-established and successful company which has stayed true to its Yorkshire roots. We are delighted to support the business in the next phase of its growth and its leading role in the region’s music and creative industries. It is particularly pleasing to see its investment in young people’s education through North Star 360.”
The Group was founded more than 30 years ago in Rotherham by John Pickles, and nowboasts tens of millions of record sales, worldwide number one singles, and a catalogue of 15,000 sound recordings, publishing rights and brands.
Work resumes on new energy-efficient houses after contractor’s collapse
Construction work has re-started on Barnsley Metropolitan Borough Council’s energy-efficient housing development at Billingsley View, Bolton upon Dearne.
The work was due to be completed in April 2023, however, it was delayed when the original contractor went into administration.
The council have been working over the last few months to appoint a replacement contractor to finish the project.
Now, William Birch and Sons Limited has taken over. Work started again on Monday 24 July 2023, and is expected to complete in October 2023. The new homes will be let and managed by Berneslai Homes.
The development of 16 houses will show how homes can be built to use less energy and be more sustainable for the environment. It is the pilot for the Barnsley Low Carbon Standard new build specification.
The council’s project team has worked with Leeds Sustainability Institute, part of Leeds Beckett University, to design these highly energy-efficient properties. Once complete, ongoing monitoring will measure the success of the design specification and keep track of the cost savings for tenants.
Each house will get its heating and hot water from an air-source heat pump. Each will also generate electricity from solar panels with battery storage so that energy from the sun can be stored and used when needed, plus electric vehicle charging points.
Cllr Robert Frost, Cabinet Spokesperson for Regeneration and Culture, said: “The government requires us to deliver at least 900 additional homes a year, and we want to achieve this through sustainable, quality housing so you can live in the right house for you.
“We know there is a demand for affordable housing in this area, and these high-quality new homes will directly contribute to the council’s ambitions for Growing Barnsley, Healthy Barnsley and Sustainable Barnsley through providing safe, warm and sustainable homes.”
£50m worth of investment in Rotherham to move a step closer
Around £50 million worth of investment in Rotherham will move a step closer when Rotherham Council’s Cabinet meets on Monday 7 August.
Cabinet members will be asked to approve the funds for improvements to Rother Valley Country and Thrybergh Country Parks, as well as Dinnington Town Centre.
Nearly £11m will be committed to the scheme to improve Dinnington. The improvements will include improvements to the outdoor market and the creation of a new commercial square to enhance the retail, food and beverage offer in the town and improve public realm and connectivity.
At the same time, Councillors will be asked to approve £8m funding for projects at Rother Valley Country Park and Thrybergh Country Park.
At Rother Valley, £5.5m will be provided for a new waterfront café with both indoor and outdoor seating with a first-floor events space. Improvements to parking facilities and a relocated cycle hub will be complemented by a high-quality landscaping scheme including a new play area.
A £2.5m scheme at Thrybergh Country Park will also see visitors benefiting from a new destination waterside café, alongside improved public realm, and visitor facilities.
Both park projects are part of a £20m investment in leisure economy and skills in Rotherham. Other leisure attractions receiving improvements include Gullivers, Wentworth Woodhouse, Magna and Maltby Skills Academy.
Meanwhile, Cabinet members are being asked to approve a contract tender and start of enabling works for Rotherham Town Centre’s Markets & Central Library development. If approved, the enabling works are expected to start in September, with the main development works expected to commence in 2024.
Plans for the £30m markets and library development include a brand-new markets space, a new town centre library, a community space, and extensive public realm improvements.
Rotherham Council’s Leader Councillor Chris Read said: “We remain determined to secure investment to improve the future of Rotherham and ensure that money delivers improvements for our residents.
“These schemes cover locations right across our borough; improving our country parks and our urban centres, creating job opportunities and improving the local environment, so that even in these difficult times we can plan for better times ahead.”
The news follows last month’s Cabinet commitment of around £9m to improve Wath Town Centre, which included creation of new library with inclusive community facility and commercial space, a better walkway between Biscay Way and the High Street, to encourage more visitors and improvements to nearby public spaces.
Funding for the Dinnington & Wath and Leisure Economy & Skills schemes has been secured by Rotherham Council through the Government’s Levelling Up Capital Grant.
The markets re-development is being funded by Rotherham Council, Future High Street Fund and South Yorkshire Mayor Combined Authority grant funding.
Lincoln property developer wins new contract in Nuneaton
Lincoln-based property developer and contractor Stirlin has won a new contract for Kedleston Group, working in partnership with valued client Cynergi for expansion and refurbishment work at the Arc School Ansley in Nuneaton.
The school provides a safe learning environment for children and young people with educational, social and emotional needs associated with autism.
The project will involve building two contemporary classrooms alongside external play areas, and comprehensive refurbishments to the existing building.
Howard Griffith, Head of Construction at Stirlin said: “This project represents a significant milestone for Stirlin and highlights our capabilities to deliver excellence in a wide variety of sectors, which we aim to strengthen even further in the years to come.
“Moreover, this milestone marks a momentous shift for us as we open our doors to external contracts, after years of exclusively serving private clients and joint venture partners. The move signifies our commitment to broadening horizons and exploring exciting new projects with external clients.”
Kedleston Group CVEO Paul Brosnan said: “The need for high quality specialist education of the kind provided at Arc School Ansley continues to grow. We are delighted to be working alongside Stirlin on this exciting project which will allow us to both enhance the facilities at the school and offer much-needed additional places for young people with special educational needs.”
Funding support for SMEs in East Riding of Yorkshire
Hull and East Yorkshire Local Enterprise Partnership (HEY LEP), Investment Programme Team, is running an event for all businesses in the East Riding of Yorkshire to discover existing and new funding opportunities.
The event is for all SMEs in the East Riding of Yorkshire and will provide information on both the Growing Places Fund, the Made Smarter Programme and additional Business Support available. There will be an opportunity to have one-to-one discussions with members of the Investment Programme Team, Business Support Advisors from ERYC, The Made Smarter Team, as well as a presentation by Leon McQuade from Think Cloud about AI in Business. The event will also be joined by Innovate UK Edge.
The event will bring together a range of support and advisory services in one place, focused solely on SMEs in the region, where business owners can meet and explore funding ideas with experts, which could have a positive impact on their businesses. Previous similar events have also provided a good opportunity for networking with other businesses in the region.
Leon McQuade from Think Cloud will be giving a presentation about the opportunities for businesses to learn how digital adoption in businesses could contribute to cost savings, increased productivity and economic growth, through the implementation of digital technology.
This event will be an opportunity for SMEs across East Yorkshire to talk to a wide range of experts who can offer business support and talk about funding opportunities that exist.
Alison Lacey, Investment Programme Officer at the HEY LEP, said: “This session is a great opportunity for local businesses to find out ways in which they can be supported, both through funding and a whole range of other opportunities.
“We look forward to welcoming them and see them flourish as a result.”
Date: 27th September 2023
Venue: Wold View Farm, York Road, Driffield, YO25 3BG
Time: 8am- 12noon
If you would like to attend or have any queries about how the Growing Places Fund can help with a grant or loan, please contact:
Alison Lacey on 07496 315038 or email: a.lacey@heylep.com, or
Jacquie Newman on Jacquie.Newman@heylep.com or 07876 347286.
To book your ticket please click on this link:
Are you an SME in East Yorkshire looking for capital investment Tickets, Wed 27 Sep 2023 at 08:00 | Eventbrite
Training firm fuelled by investment from private equity house
Leeds-based private equity house Key Capital Partners has completed a £6 million investment in Fuel Learning, a specialist in the provision of leadership and management training. The deal sees Key acquire a significant minority stake in the business.
Headquartered in Measham, Fuel’s 80-strong team delivers tailored leadership and management development programmes to clients within multiple sectors, including transport, retail, logistics and construction. Since 2009 Fuel has provided commercial leadership development and in 2017 became a member of the UK’s Register of Apprenticeship Training Providers (RoATP) to deliver apprenticeships through the UK Apprenticeship Levy scheme.
The investment was led for Key by Philip Duquenoy and Sandeep Banga. Key were advised by Ward Hadaway (Legal), Evelyn Partners (Financial and Tax), PMSI (Market analysis), RPL (Commercial), GB3 (Technology), AON (Insurance), RSM (Regulatory) and Stratton HR (Management). Fuel’s shareholders were advised by KBS (Corporate Finance) and DWF (Legal).
Partner, Philip Duquenoy said: “We are delighted to partner with Fuel. The team’s focus on quality of training and client satisfaction permeates throughout and is core to the business’s success.”
The highly experienced management team, led by Ian Prentice (CEO), Pete Hames (FD), Sarah Appleton (client services director), Karen Priestley (leadership development director) and Kate Baker (director of levy programmes), will remain in the business and will be supported by incoming non-executive chair, Paul Venables, who was formerly the CFO of Hays plc.
CEO, Ian Prentice says: “With their in-depth knowledge of the training sector, Key very quickly gained an understanding of our business model. They provide support at a very senior level, with highly experienced partners working closely with the business to help deliver our growth ambition.”
Lincolnshire’s JDM Food Group merges with US firm
Lincolnshire-based JDM Food Group (JDM) and US-based Henry Broch Foods (HBF) are set to merge, creating a new parent company, Jardins and Broch.
JDM, headquartered in Bicker, is an innovator in value-added vegetables, sauces, dips and purees to the retail, manufacturing, recipe box and foodservice markets. HBF, with headquarters in Waukegan, Illinois, is a prominent spice, dry-blending and co-packing company, specializing in tailored formulations and seasonings.
Jardins and Broch brings together two market leading ingredients companies and will create a team of international flavour experts across both wet and dry products. The newly formed partnership is an industry leading player with significant production capacity, complementary R&D capabilities and worldwide supply chain networks.
The two companies will continue to operate independently in their home markets and will now be backed by the expert knowledge and skills from the other party to grow a global presence. Aisling Kemp will remain CEO of JDM and Greg Antonetti will continue to lead as CEO of HBF, with both taking an active role in the integration, growth, and future success of the combined group.
Aisling Kemp, CEO of JDM, said: “The combined expertise and knowledge within the two companies creates a flavour powerhouse with global ambitions. Working with the team at HBF who share our strong ethics, values and focus on sustainability is incredibly exciting.
“Trends in this market are ever changing and we are now better able to develop solutions with our culinary teams that deliver on flavour, health, and functionality to ensure we evolve alongside consumer demand.
“Working with Sunridge the last 2 years has been transformational. Their investment has allowed us to accelerate our product capabilities and channel growth. We believe the partnership with HBF will cement that work and create long term sustainable growth as a true ingredients innovator.”
Greg Antonetti, CEO of HBF, said: “This partnership will be a win for our customers, suppliers, team members and other partners. Our aim has always been to build a leading value-added ingredients business and alongside our long serving and dedicated team members, we have worked tirelessly towards this goal.
“We are thrilled to bring JDM’s capabilities, especially in wet ingredients to our customers in North America. The JDM team brings unparalleled expertise, strong production and innovation capabilities, and the ability to serve a wide range of customers across the UK and beyond.”
Jardins and Broch is backed by London-based Sunridge Partners (Sunridge), a private investment group committed to creating leaders in food, beverage, and agribusiness.
Philipp Saumweber, managing partner of Sunridge, said: “Since partnering with JDM in 2021, we have invested considerably in building a word-class ingredients team, expanding our operations, and improving capabilities.
“We are very much looking forward to working with like-minded friends at HBF and jointly executing on group investment and growth plans to build a leading international ingredients and flavour formulation company.”
Firms staring closure in the face consider dipping into personal savings to keep going
About a quarter of small business owners in the UK believe that they will be forced to cease trading if the outlook for their business does not improve, with almost 1.5m SME owners considering using personal savings to prop up their business.
The SME Insights Report, published by small business insurance provider Simply Business, found that 48% of SME owners believe the rising cost of living is the most glaring challenge facing their business, with a further 63% saying that rising taxes, interest rates, and inflation are eating into profit margins.
The findings, collated using the responses of more than 1,000 small business owners, shows that small businesses are caught between a rock and a hard place – being forced to increase their prices at a time when many consumers are cutting down spending. Nearly half of the UK’s SMEs say that they intend to raise prices by up to 10%, with a further one in three (36%) increasing prices by up to 20%. The UK’s cost-of-living crisis has compelled businesses to constantly be looking for ways to stay afloat.
SME owners also cited rising energy costs and a lack of government support as the key challenges they are facing. Over a quarter of SMEs are now spending up to 40% more on energy each month compared to the previous year, with some reporting a 150% increase in their monthly energy expenses.
Jonathan Portes, Senior Fellow of the Economic and Social Research Council and Professor of Economics and Public Policy at King’s College London, said: “Two themes emerge from this report. First, the extent of the continued pressures on SMEs from the wider economic environment. While the energy price spike has abated, and labour shortages have eased somewhat, more generalised inflationary pressures mean that SMEs are being squeezed from both ends, with some input costs rising and consumer demand impacted as real incomes have fallen. Recent rises in interest rates will exacerbate both.
“Second, and more optimistically, the resilience of the sector despite all this; the vast majority of SMEs remain positive about their own prospects, not just for survival but for growth, and most also expect the economy to improve.”
Despite the challenging economic landscape, there remains a glimmer of optimism among the small business community. Over half of the surveyed businesses (54%) expressed confidence in the UK economy’s potential for improvement within the current year. Additionally, an impressive 77 percent of respondents expressed confidence in their own business prospects for the next six months.
Alan Thomas, UK CEO at Simply Business, said: “The stoic spirit of small business owners is the backbone of the UK economy – their resilience is vital to the nation’s recovery and growth. The fact that many SMEs across the UK are struggling so significantly is a serious cause for concern for the British economy and communities.
Government to pump almost £9m into training providers for ‘insulation school’
Training providers across England have until August 25th to bid for a share of £8.85 million government funding to offer courses in retrofitting and installing insulation.
From now training providers like colleges and accreditation providers will be able to bid for a share of £8.85 million to help up to 8,000 people – whether current installers or those new to the industry – develop the skills and expertise needed to retrofit homes with energy saving measures.
The courses will be free or provided at low cost, and will cover a range of key energy efficiency measures, from putting in loft insulation to draught-proofing. This will not only help drive household energy bills down and reduce emissions, but represents key employment opportunities for people to stay in and progress in work.
Training providers will have until 25 August 2023 to apply for the funding to deliver the courses, with training places expected to open later this year.
Training, which will be delivered until 31 March 2024, will be focused on two packages:
- retrofit assessor and retrofit coordinator: provision and delivery of training to PAS 2035 standards
- insulation: provision and delivery of training to National Occupation Standards or higher in the installation of domestic insulation measures
“Our members look forward to collaborating with all those working to develop green skills and make this competition a success.”
