Avingtrans completes minority £2.5m investment in emerging medtech leader, Adaptix We are pleased to announce its £2.5m participation in a £12.9m fund raise by emerging medtech leader, Adaptix plc (“Adaptix”), based in Oxford, UK. Adaptix’s focus is on transforming radiology, by allowing low-cost, low-dose 3D portable imaging. It has developed a number of novel technologies…
Stainless Metalcraft awarded Queen’s Award for Enterprise for Promoting Opportunity Our subsidiary, Stainless Metalcraft, has been awarded the Queen’s Award for Enterprise for Promoting Opportunity in recognition of its commitment to providing pathways into long-term engineering careers for local people. Its apprenticeship scheme has launched the careers of 34 young people since it was kickstarted…
Avingtrans’ businesses collaborate on nuclear contract We are pleased to announce that Avingtrans’ companies Stainless Metalcraft (“Metalcraft”), Hayward Tyler Fluid Handling (“HTFH”) and Hayward Tyler (“HT”) have secured a contract worth £4.4m with Doosan Babcock to supply remote maintenance pumps for use by a leading UK nuclear energy company as part of the Programme and…
Stainless Metalcraft training school receives planning go-ahead Our subsidiary, Stainless Metalcraft, has received planning permission for the new training school to be located at its Chatteris site, with work due to begin on construction imminently. The centre, which will be funded through a £3.16 million grant from the Cambridgeshire and Peterborough Combined Authority, will provide…
Hayward Tyler delivers high temperature molten salt pumps to state-of-the-art facility Our subsidiary, Hayward Tyler, recently shipped four high-temperature molten salt pumps destined for a state-of-the-art Integrated Effects Test (IET) facility, under development by Southern Company and TerraPower to advance development of the Molten Chloride Fast Reactor (MCFR) – a transformational, fourth-generation, molten salt nuclear…
Energy Steel Moves to A New Facility Michigan, USA – Energy Steel has moved into a new facility, which will provide improvements in efficiency and operations. The new location has remained in Michigan not too far from the old facility. Energy Steel will maintain their ASME certifications at the new facility. The move was completed…
Booth Industries Reincorporates for International Future We are pleased to announce that Booth Industries has reincorporated as Booth Industries International Ltd (Booth Industries) and has become a standalone company, independent of its current parent company Stainless Metalcraft, from 1 June 2021. The move follows a remarkable turnaround at Booth Industries that has seen the Nelson-Street…
Metalcraft secures next phase of the Sellafield Limited box contract Stainless Metalcraft (Metalcraft), part of Avingtrans PLC’s Process Solutions and Rotating Equipment division and Sellafield Limited, have mutually agreed to exercise the option, to enter into the second phase of the contract to provide high integrity stainless steel storage boxes for Sellafield. The 3M3 (‘three…
Hayward Tyler Signs Agreement with Ruhrpumpen to Service Vertical & Industrial Pump Products Our subsidiary, Hayward Tyler, a global leader in performance-critical pumps and motors for the energy sector, is pleased to announce an agreement with Ruhrpumpen, a leading manufacturer of pump systems around the globe, to better serve customers in the conventional power and…
Disposal of Peter Brotherhood Limited We are pleased to announce that it has completed the sale of Peter Brotherhood Limited (“Peter Brotherhood”) to Howden, a leading global provider of mission critical air and gas handling products, for a total consideration (enterprise value) of £35.0 million (the “Disposal”), which, after adjustment for debt and working capital,…