Partnership agreed for Cambridgeshire apprentice training centre Our subsidiary, Stainless Metalcraft (Metalcraft) and West Suffolk College (WSC) have partnered to manage and operate the North Cambridgeshire Training Centre (NCTC) – a new facility being developed on land owned by the Metalcraft business in Chatteris. The partnership sees Metalcraft – which was founded in 1864 and…
Avingtrans increases investment in Adaptix Avingtrans is pleased to announce that it has increased its shareholding in the emerging Medtech 3D X-ray business, Adaptix Limited (“Adaptix”), by another 150,000 shares, for a total consideration of £1.5m. Avingtrans now owns 400,000 Adaptix shares, representing 11.9% of the current issued share capital. In the year to 31 March 2021, Adaptix made a loss after…
Booth welcomes HS2 CEO for site visit Our subsidiary, Booth Industries was delighted to welcome HS2 CEO Mark Thurston yesterday, to view its new purpose-built facility for the manufacture of safety doors for HS2 tunnels and meet staff working on the project. The £36.5million 10-year contract was awarded in September 2020 has enabled Booth to…
Hayward Tyler Acquires Transkem Hayward Tyler Fluid Handling (HTFH), part of Avingtrans PLC’s Process Solutions and Rotating Equipment (PSRE) division, has acquired the assets of Hillington-based Transkem. The deal will see Transkem’s operations move to HTFH’s site in East Kilbride, with Transkem’s managing director Stuart Gibson heading up the new combined operation under the HTFH…
Visit from HS2 Minister, Andrew Stephenson We are delighted to have received a visit from the HS2 Minister, Andrew Stephenson, at out Booth Industries site in Bolton. The Minister was shown around our recently completed green manufacturing facility and met with operatives and apprentices to learn about how HS2’s investment was benefitting the business, the…
Investing in Greener Manufacturing Our subsidiary, Booth Industries International has reinforced its future growth potential with the official opening of its new factory wing, which promises to help deliver a more flexible and greener manufacturing facility. The extension, has been launched in an opening ceremony with parent company Avingtrans PLC, whose faith in the acquisition…
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…