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Brunner Mond makes £400,000 investment in machinery
Brunner Mond, the soda ash and sodium bicarbonate producer owned by India's Tata Group, has invested £400,000 in new equipment at its Northwich West plant. The 65-tonne absorber vessel has been acquired from its parent company's subsidiary, Tata Chemicals, and will be used to make ammoniated brine, a chemical used in the manufacture of sodium carbonate. Managing director John Kerrigan hailed the opportunities that have been created by its Indian parent company since it was acquired in 2006. He said: "Sourcing the absorber from India means we are getting much more for our money, enabling us to make an investment in our business that we would not otherwise have been able to do." The company also confirmed that it is investing £10m in a new sodium bicarbonate plant at its Northwich East site that is set to come on stream in 2009.
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Today's news
My goodness MyBuro
MyBuro, the freehold serviced office concept developed by Nikal, has sold two more of the suites at its Altrincham town centre scheme. The sales of a 716 sq ft and a 1,052 sq ft suite bring occupancy to more than 60 per cent since the May launch. MyBuro offices come with complimentary reception staff and are aimed at company directors who want to buy their own office suites on 250-year leases. Nikal is bucking the market with sales at more than £400 per sq ft and is raising funds to roll the concept out.
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Piolax picks up award
Accrington car parts manufacturer Piolax has been awarded with a supplier quality award by vehicle giant Nissan Europe in the Best European Supplier in Body category at its annual suppliers conference in Barcelona. Piolax, which supplies automotive components to Nissan and Honda, has also more than doubled the size of its logistics warehouse at Altham Business Park with a 23,000 sq ft extension.
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Strong year for Deloitte
In news that will cheer many an accountant, the North West practice of business advisory firm Deloitte has announced fee income up 11 per cent to £121m for the year to the end of May. The audit team has been doing well, working with clients such as Volex, Brother and Bodycote, and the corporate finance team has worked on high-profile deals such as The Co-operative Group's £1.5bn acquisition of Somerfield. But North West senior practice partner Patrick Loftus is being realistic about the future and said: "The firm has completed a successful year due to the support of our clients and the hard work of a talented staff. However, we anticipate that the coming months will be difficult for all businesses."
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Two new lettings for King Sturge
Property agent King Sturge has completed two new lettings. Software provider Northgate has taken a 20,979 sq ft office building at Castlebrook Business Park in Bury, while power and gas company Eon UK has taken 7,157 sq ft of storage and distribution space at Hyde Point in east Manchester. Northgate has signed a ten-year lease and Eon has agreed a five-year term.
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Five promotions at KPMG

Marc Summers, Insider’s Young Dealmaker of the Year 2008, is one of five promotions in KPMG’s mergers and acquisitions (M&A) team in the north. He becomes director alongside Chris Belsham, Giles Taylor, Julian Watson and Daniel Stott. Summers joined KPMG in 1995 and has specialised in transaction services since 1999, involved in such deals as United Utilities’ disposal of Vertex. Jonathan Boyers, head of KPMG Corporate Finance in the north, said the appointments reflect the increase in share of the M&A market the firm has achieved in recent years.


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With the lord as my Sheppard
ID:SR, the interior design team at Sheppard Robson's Manchester office, has been appointed by the BBC to design the interior workspace for its broadcast centre at MediaCity. ID:SR has been briefed to design a "workplace of high contemporary and innovative specification, whilst demonstrating value for money to the public in relation to the project". But then do briefs ever ask for a really shabby, unimaginative job?
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Something for the weekend
Deal of the week
In a sign that the banks are still prepared to part with their funds for the right business story, our favourite Barrow company, James Fisher, secured this week's top deal when it landed a £25m funding package from Barclays after the bank identified it as a "key target". The company, which has a turnover of £182m and employs 1,300 staff across its UK and international operations, is planning to build on 16 acquisitions in six years and refinance the debt it holds with other banks.
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"It'd be nice, but..." quote of the week
"We're supportive of Britannia but we need to see something done as it is holding the area back. They need to be embarrassed into action." Piccadilly Partnership chief executive Janet Dunnett talks tough on Britannia Hotels, recalcitrant owner of Manchester's Old Firestation. Britannia hasn't been embarrassed by its latest kicking in TripAdvisor's Britain's dirtiest hotels chart, so we won't be holding our breath.
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Manc robots take on world
This weekend we'll be cheering on the robots built at the University of Manchester in the Ministry of Defence's (MoD) robot wars contest to find the best new British urban military technology. The inaugural MoD Grand Challenge requires teams to develop autonomous aerial and ground vehicles capable of detecting and identifying threats regularly encountered in urban warfare environments. Surely the BBC can bump some of its Olympic scheduling to cover this? As long as Clarkson doesn't host it.
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Seasons in the sun
We're frankly reluctant to give yet more publicity to a silly season attention-seeking report from right-wing think tank Policy Exchange, which, if our experience is anything to go by, will be staffed entirely by people who were bullied at school. Professor Michael Parkinson of the European Institute for Urban Affairs had it right, dismissing the report as "teenage scribblings". Particularly galling was the suggestion that Manchester can't be an economic driver for its hinterland - hasn't it been just that for 200 years?
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Press release of the week
They don't come much more PR-hungry than Stockport floorer Resin Surfaces and this week's press release was a corker. The company has "solved a long-standing bathroom problem for global energy giant BP" by installing a special resin floor on an oil tanker permanently moored off Shetland. The tone was tactful, pointing out the difficulties caused by the tanker's movements. If the Policy Exchange had been in charge, it would probably have been entitled: "All Jocks piss on the floor". Mind you, remembering the UEFA Cup final
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Ball and Berry going out with a bang
LDC's prolific dealmaking duo Andy Ball and Grant Berry are having a joint "sort of a leaving do" in September. Berry, as has been previously reported, is leaving, but Ball, it emerges, is taking a six-month sabbatical from December. In their seven years at LDC the duo have bought and sold more than 30 businesses and made huge returns for LDC. Berry, it has been rumoured, has been taking guitar lessons and is expected to perform at the Y Factor charity event on 11 September at the Chicago Rock Café in Manchester. Or so we've heard
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