Greater Manchester Business News round-up w/e 07.12.07 - MIDAS

Greater Manchester Business News round-up w/e 07.12.07

7 December, 2007’s regular round-up of business stories from around the region, with links to further details.

£20.5m BoS funding for ASK ‘Central Spine’ development
Property company ASK Developments has secured £20.5m from the Bank of Scotland for the second phase of its city centre regeneration scheme, Central Spine, based around the former BT Grand Island building.
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Economist highlight’s North West’s growing corporate appeal
The northwest’s business community is benefiting from high rents and a shrinking labour pool in London, according to a recent article in leading journal The Economist.
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North West foreign investment tops £1.8bn in 2006/07
Figures released by UKTI show that the North West attracted 138 inward investment projects in
2006-2007 – a rise of 23 per cent – creating or safeguarding 7,520 jobs in the process.
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Co-operative Group in £80m pharmacy chain acquisition
Manchester’s Co-op has swooped for a chain of 52 pharmacies previously owned by PCT Healthcare, trading as Tims and Parker or Peak Pharmacy.
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Macquarie opens in Manchester
The Australian banking group, which has invested billions of pounds in British infrastructure assets in recent years, has opened its first non-London UK office in Manchester.
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Improved profit performance for PZ Cussons
The Stockport-based soap and toiletries manufacturer has reported half-year profits of £75m to Nov 30th, up from £68.3m this time last year.
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Region’s annual biotech awards announced
The winners of the Bionow Awards for 2007 were announced at a ceremony at Mere Golf & Country Club, with Manchester-based Renovo taking the coveted ‘Biomedical Company of the Year’ accolade.

N Brown announces £3.83m Zendor sell-off
The Manchester-based catalogue and online retail giant has announced the sale of its Zendor subsidiary to American online retailer, as well as the acquisition of ladieswear brand Nightingales.
Read the full story on launch nears – with Old Trafford base, big name MD and up to 50 new jobs
Huge American market research company InfoUSA is set to open a new Manchester-based firm in January, with a remit to compile a database of every single UK business.

Bury telecoms firm plans workforce expansion
Business telephony and IT solutions provider Global Telecoms and Technologies plans to increase its workforce from 130 to 205 by the time it moves into its new, purpose-built £5m headquarters.
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VTR North to expand into Manchester with Sumners deal
Leading commercial post-production firm VTR North seems set to join forces with Sumners, in a move that will launch the Leeds based outfit firmly into the buoyant Manchester marketplace.

Code launch Christmas gift guide for HMV
Manchester’s Code Computerlove has further consolidated its relationship with key client HMV by launching an innovative ‘Christmas Gift Guide’ to help out web customers with their Xmas ideas.

SLG cements building expertise with Multibuild
Manchester’s SLG, which specialises in servicing clients in the construction sector, has been appointed to handle a portfolio of tasks for Multibuild, a leading construction and fit-out contractor.

Love Digital consolidates relationship with DM
The digital arm of Manchester’s Love Creative has expanded on the first project work it received from Doctor Martens and is now underway with fresh tasks for the iconic boot manufacturer.

Mere lands account for bakery giant BakeMark UK
BakeMark, part of the £2.2bn turnover CSM group, is looking to Altrincham-based Mere to handle all of its PR work within the UK.

Pavilion picks up B2B award for Siemens work
Pavilion has won ‘Best B2B International Campaign’ at the national B2B Marketing Awards for its ‘Open Communications’ campaign for Siemens.

Silver turns Umbro SX to gold
Manchester and London-based Silver Films has revealed that it is behind the eye-catching work to promote Umbro’s SX football boots, the firm’s premium performance product of 2007.

McGrigor’s to open Manchester office
The leading law firm is planning to open its first Manchester office in the new year on King Street and is looking to recruit a partner and two associates.
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Brammer announces ‘better than expected’ profits
Shares in Whythenshawe-based industrial services group Brammer have been boosted by news that strong European performance has resulted in better-than-anticipated second-half profitability.
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JD Group’s profit forecast £3m up
Bury-based sports retailer JD Group – owners of JD Sports – have announced an anticipated £34m profit to year-end January 31st, based on an 11.4% rise in sales for the four weeks to December 4th.
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‘Green guys’ Rapport race towards £1.5m turnover in year one
Events design and production company Rapport, which only formed in March, looks set to break the £1.5m turnover mark in its first year on the back of a resolutely green operating agenda.

BNYM named leading US debt trustee
The Bank of New York Mellon – who has its European headquarters in Manchester – has been named the number one trustee for all US debt for the third quarter of 2007.
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Dragons’ backing for Rochdale eco-haulier
An environmentally responsible haulage company – whose fleet runs on biodiesel and whose trucks are 98% recyclable – has won £100,000 funding from the Dragon’s Den panel.
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438 Communications to launch a new product range for Pritt
Glue manufacturer Pritt, owned by German conglomerate Henkel, has tasked 438 Communications of Manchester with creating the campaign to support the launch of a new range of coloured glue sticks in 2008.

NWDA to appoint ‘six or seven’ design agencies in January
The NWDA has started the statutory review of its ‘design panel’, drawing up a shortlist of 12 agencies that will be whittled down to six or seven to replace the current roster of preferred suppliers.

Expansion plans for Tekton
Manchester-based buy-and-build software group Tekton is hoping to announce a US acquisition and new product launch as it plans the next phase of its expansion.
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New invoicing business wins equity backing from Infinity
Entrepreneur David Smith has launched a new invoice discounting business, backed by funding from private equity firm Infinity.
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Brazen scoops Oman Air launch PR project
Brazen has been appointed without a pitch by Oman Air to help promote the launch of the first daily flight from the UK to Muscat, Oman.

Citypress ranked in top 10 financial PRs for its November transactions
Manchester’s Citypress advised on a total deal value of £1,134.13 million, which ranked the agency eighth in the UK according to figures produced by M&A data company Zephyr.

New East Manchester’s New Islington singled out for praise
The massive redevelopment and regeneration project just outside Manchester city centre has been praised in a report by insurance giants Zurich as one of the ‘most exciting’ in the country.
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Sale’s IPB wins multiple 2007 Pride Awards
The Trafford-based PR agency won several awards at the recently-announced north west 2007 Chartered Institute of Public Relations Pride awards.
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Carluccio’s plans South Manchester expansion drive
The Italian restaurant chain has revealed plans to investigate opening new branches in South Manchester’s affluent suburbs and towns, including Didsbury, Altrincham and Wilmslow.

Beachcroft wins McDonald’s HR account
The Manchester-based law firm has won the account to provide employment advice to the McDonald’s UK human resources department.
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Salutions relaunches Manchester magazine as ONEmanchester
Independent publisher Salutions has relaunched Manchester magazine as ONEmanchester following a decision to go it alone after funding for the former was withdrawn.

Reading Room CEO one of the Observer‘s top 50 to watch
Margaret Manning, the chief executive of Manchester and London based digital agency Reading Room, has been named as one of the top 50 media people ‘to watch’ by The Observer newspaper.

MEN profiles Gary Jacobson
The M.E.N. looks at the rise of the industrial entrepreneur who became the managing director of Middleton’s Bifold Fluidpower following a buy-out in 2002.
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Kingsway link road officially opened
Sir Isaac Newton Way, the transport ‘spine’ of the new Kingsway Business Park in Rochdale, was officially opened on November 30th.

Soap manufacturer unveils green revolution
Soap-maker Kay’s of Ramsbottom, working in partnership with Lush, have devised a new soap base that’s much more environmentally friendly than typical palm-oil based soaps.
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Indian outsourcing giant looks to UK with Jordan
Huge Indian outsourcing firm InfoVision, which employs over 10,000 staff in its native land, has recruited Manchester’s Jordan Communication’s as it looks to expand into the UK marketplace.

Altrincham entrepreneur wins national magazine business award
Former cancer-patient Suzanne Gerrard has won the Good Housekeeping business award for her Hats for Heads mail order service for men and women experiencing hair-loss.
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UK’s top sports psychologists attend Salford conference
A meeting of the UK’s leading sports psychology minds took place at Salford University on November 28th, with leading practitioner Darren Roberts topping the bill.
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Your votes still needed in £50m lottery award
Bury, Oldham, Rochdale and Trafford all have a stake in ITV’s ‘People’s Millions’ survey and needs you to register your vote to help the Connect2 project win the funding.
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All stories on this page are copyright the original source publication.

Source: Various, as per links


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