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In this month’s Midlands Business Insider,. . .
A list of the Midlands’ smartest acting production companies over the past 12 months has been revealed, adding leading names from sectors.
Insider’s research team ranked registered corporations in the region according to their profits in its most recent published figures.
The automotive giant Jaguar Land Rover once again occupies the most sensible place in the hundred of manufacturing. Earlier this year, it reported that Tata, owner of Jaguar Land Rover, signed a deal with the government to build a gigafactory in Somerset, which will supply batteries to the car giant’s Midland factories.
“The Somerset gigafactory, if confirmed, may be just JLR’s presence and operations in the region,” said Dr. Andy Palmer, former chief executive of Aston Martin and former chief executive of Nissan.
“The investment in the gigafactory would constitute a significant commitment to British production through JLR, securing a local source of batteries for its electric vehicles. “
There is also Samworth Brothers, a manufacturer of red meat cakes and sandwiches and owner of Ginsters cakes and Soreen malt bread.
The Leicestershire-based company, which is in the midst of a £100 million investment programme, employs 10,000 people, including a maximum of paintings in the Midlands. It reported a turnover of £1. 2 billion and a profit of £17 million in the year to January 2022.
Rolls-Royce recently announced plans to double the length of its Raynesway in Derby, creating a host of jobs, to meet the Royal Navy’s developing demand following the AUKUS trilateral agreement.
The full Manufacture 100 list is available in the latest edition of Midlands Business Insider now.
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