Category Archives: Engineering
Hydram Engineering warns Covid-19 and Brexit will dent its turnover – Business Live
County Durhams Hydram Engineering saw its profits fall by more than 30% last year and has warned that its turnover is expected to take a hit due to the pandemic and Brexit.
Hydram, which makes and sells sheet metal components and assemblies, saw its operating profit drop from 2.4m in 2019 to 1.6m for the year ending March 31 2020.
Turnover at the firm remained largely flat last year at 18.6m, compared with 18.8m in 2019, but the company has warned that the major economic uncertainties affecting the UK are likely to impact its future turnover.
David Greatorex, Hydrams managing director, said the drop in profits was due to a number of the manufacturers new rail contracts taking time to set up along with the companys Ferryhill factory being forced to close temporarily due to the coronavirus pandemic.
Mr Greatorex said: There were several principle factors that contributed to the decrease in profit. Firstly, the business was successful in winning some new major contracts from rail customers. However, these new projects involve a considerable set-up time before moving onto regular production volumes. Most of the people costs associated with the new part introductions were absorbed in FY2020, with the benefits not being realised until FY2021 and onwards.
Secondly, the business closed for a period prior to the end of the financial year as a result of the pandemic. This resulted in lost revenue and profit.
In the accounts Hydram added that the full impact of Covid-19 would likely lead to a global recession and it did not know when the economy would bounce back.
It also warned that if the UK Government failed to strike an advantageous deal with the EU the situation could be exacerbated.
Mr Greatorex added: The impact of Brexit on the business has been limited. However, there remain concerns in respect of the supply chain. While Hydram may be able to secure parts from the existing European or alternative non-EU supply routes, many of our customers are committed to EU suppliers.
If they cannot secure parts in a timely manner that may affect their build programmes, which could lead to delays, this would directly impact on their requirements from Hydram.
The uncertainty around Covid-19 remains a short-term challenge with individuals having to self-isolate.
The additional threat of further school closures will impact directly on those employees with children. Hydram is a manufacturing plant which makes it impossible for most employees to work from home. You cannot facilitate relocating a 1m automated laser cutting machine to the home of an employee for a few weeks!
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Hydram Engineering warns Covid-19 and Brexit will dent its turnover - Business Live
Engineering and Technology Management students achieve high pass rate on certification exam – Morehead State University News
December 15, 2020 Morehead State Universitys Department of Engineering and Technology Management (ETM) fall 2020 graduating class achieved a 90 percent pass rate on the Certified Technology Manager (CTM) Exam, earning them national certification.
The CTM Exam is nationally administered through the Association of Technology, Management and Applied Engineering (ATMAE) to certify accredited program graduates. The Department of Engineering and Technology Management has been accredited by ATMAE since 1998, with reaccreditation achieved through 2026. Twenty-seven of the 30 MSU students who took the exam passed it.
We are proud of ETM faculty and graduating seniors for their success, said School of Engineering and Computer Science Associate Dean Dr. Ahmad Zargari.
A minimum score of 95 out of 160 in leadership, self-management, systems, processes, operations, people, project, quality, risk and safety is required to pass the exam and qualify for certification.Certified Technology Manager is the initial certification status awarded by ATMAEs. Certification holders may report continuing education activity to be eligible for certified senior technology manager (CSTM) status.
MSUs ETM students take the Certified Technology Manager (CTM) exam before graduation in their senior year. The historical average national pass rate for the CTM exam is 69 percent.
To learn more about programs in the Department of Engineering and Technology Management, visitwww.moreheadstate.edu/etm, emailetm@moreheadstate.eduor call 606-783-2418.
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Box Opens Research and Development Engineering Site in Warsaw, Poland – Business Wire
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), a leader in cloud content management, today announced that it has opened a new Research and Development Engineering site in Warsaw, Poland. To help accelerate its long-term product strategy, the company is building a team in Warsaw which will drive some of Boxs most important product developments, in partnership with its established team headquartered in Redwood City, California. Box is planning to hire 150 employees based in Warsaw over the coming 24 months. In addition to the predominantly engineering focus, Box also intends to hire across multiple functional areas including web development, people operations, and more.
Were thrilled that we now have an office to call home in central Warsaw, and we have already started local recruitment to find and hire Polands greatest talent, said Thierry Chassaing, senior vice president of Engineering and TechOps at Box. Beginning right away, our teams in Warsaw will help execute our product roadmap allowing us to move even faster as we continue to build our cloud content management platform.
Warsaw is an incredibly exciting location. The city gives us access to world-class, experienced engineers with Poland having one of Europes largest English-speaking software development talent pools. We cant wait to build our newest team in Poland as we continue to grow our international footprint.
Box also announced that it has appointed seasoned engineering veteran, Rafal Szczepanski, to lead its local operations. Rafal joins Box after more than a decade at SmartRecruiters where he was known for his strong leadership and as a driver of rapid growth. He has a background in Computer Science together with an MBA, and more than 15 years of industry experience.
"Its a joy to come on board as one of Boxs first hires in Poland. We have a tremendous opportunity to grow our team through the rich and diverse talent here, said Rafal Szczepanski, Polish Country Leader for Box. A modern city, Warsaw is the ideal location to recruit Europes leading engineers, and Im absolutely thrilled to be part of this exciting phase of Boxs growth.
With more than 100,000 customers, Box serves the worlds largest organisations making it easy to manage content in the cloud. Its customers include General Electric, AstraZeneca, Morgan Stanley, the Metropolitan Police Service of London, P&G, Schneider Electric, Eurostar, and more. Box has been named a leader in the Gartner Magic Quadrant for Content Services Platforms; by Forrester as a leader in the Forrester New Wave: SaaS Cloud Content Platforms; and as a leader in IDCs MarketScape: Worldwide SaaS and Cloud-Enabled Content Apps.
Since its 2012 European debut in the United Kingdom, Box has established a strong European footprint. Today it employs over 200 staff in Europe, and continues to expand its international presence with more than 2,000 global employees based in the Americas, APAC, and Europe.
Located in the heart of Warsaw, Box has moved into the newly built Cambridge Innovation Centre (CIC) complex: Varso Place. Hiring in Poland is underway with a variety of open roles detailed on Boxs career page.
About Box
Box (NYSE:BOX) is a leading cloud content management platform that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box simplifies work for leading organizations globally, including AstraZeneca, General Electric, JLL and Morgan Stanley. Box is headquartered in Redwood City, CA, with offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box powers nonprofits to fulfill their missions, visit Box.org.
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Box Opens Research and Development Engineering Site in Warsaw, Poland - Business Wire
New collaboration provides opportunity for future water scientists and engineers – Cranfield University
The first cohort of IWA-Cranfield Scholarship winners have commenced their journey to become the next generation of water scientists and engineers.
Awarded scholarships by the International Water Association and Cranfield, the students will develop their technical understanding and business skills to become leaders in the worldwide fight to improve the resilience and sustainability of water supply and sanitation systems and protect the natural environment.
Selected from more than 500 high quality applicants, 14 full-fee scholarships were awarded by the University across three MSc courses: Water & Wastewater Engineering, Advanced Water Management and Water & Sanitation for Development.
Safe water and sanitation for all
Sharriff Irfan Ulla is one of the recipients of the scholarships and is studying on the Advanced Water Management MSc. He said: It is my desire to take the principle of water should be an essential right, not an entity of privilege forward by making safe water and sanitation available at household level and creating independent water management as standard practice. In a developing country like India, managing water is one of the most significant challenges. I believe that a holistic approach to water management practices will ensure quality water availability for future generations.
Increasing the skills base
Professor Paul Jeffrey, Director of the Water theme at Cranfield University, said: These scholarships across our full range of postgraduate programmes will help develop the next generation of leaders that we desperately need in the water industry, both in the UK and around the world.
If we are to realise the UN Sustainable Development Goal of ensuring availability and sustainable management of water and sanitation for all, then we need to increase the skills base of water scientists and engineers, who can help develop the solutions to these global challenges.
Im extremely grateful for the support of the International Water Association in enabling us to provide these scholarships - together, we are both committed to training and nurturing future technical specialists and leaders for the global water sector.
Nasreen Nasar is also one of the recipients of the scholarships. She said: The Cranfield-IWA excellence scholarship provides an ideal platform to foster and equip future scientists and engineers to take on the current and future challenges in the water and wastewater sector. This resonated very well with my career aspiration, which led me to apply for it. By studying the MSc on Water and Wastewater Engineering at Cranfield University while getting involved with the IWA, Im looking to be a part of a dynamic group of scientists and engineers who are at the forefront of redefining the concept and functionality of water and wastewater treatment plants in the context of a circular economy. It is truly an honour to be selected for this highly esteemed scholarship.
Scientists and engineers at Cranfield are involved in a number of projects that are seeking technological solutions to global challenges of inadequate sanitation, reliable water quality for communities and the impacts of flood and drought on farming. The work on the Nano Membrane Toilet, funded by the Bill and Melinda Gates Foundation, is just one example.
You can find out more about the next funded scholarships here.
About the IWA
The International Water Association (IWA) is a network and an international global knowledge hub open to all water professionals and anyone committed to the future of water. With its legacy of over seventy years, it connects water professionals around the world to find solutions to global water challenges as part of a broader sustainability agenda.
As a non-profit organisation and with a membership in more than 140 countries, the IWA connects scientists with professionals and communities so that pioneering research offers sustainable solutions for a water-wise world. In addition, the association promotes and supports technological innovation and best practices through international frameworks and standards. For more information, please visit iwa-network.org.
Cranfield Universityis a specialist postgraduate university that is a global leader for education and transformational research in technology and management.
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Senior Lecturer in Mechanical Engineering job with BIRMINGHAM CITY UNIVERSITY | 238845 – Times Higher Education (THE)
Senior Lecturer in Mechanical Engineering
School of Engineering and the Built Environment
Location: Birmingham, EnglandSalary: 46,376 to 50,408 per annumClosingDate: Sunday 17 January 2021InterviewDate: To be confirmedReference: 122020-458
We invite applications to join our team in the School of Engineering and the Built Environment in a dynamic, multidisciplinary environment. We are a practice-based school, our undergraduate programmes are delivered using the CDIO (Conceive, Design, Implement and Operate) framework, making our teaching and research relevant to the evolving world around us. We work in a collaborative and cross disciplinary culture where interacting freely across the school and with colleagues in other schools is encouraged to gain a unique insight into impactful problem domains.
You will have opportunity to demonstrate your expertise in undertaking research and in the delivery of our Engineering courses particularly related to undergraduate and postgraduate courses in Mechanical and Automotive engineering in the role of SeniorLecturer in Mechanical Engineering.
Main Duties and Responsibilities
Skills and Experience
Essential
Subject expertise in:
Desirable
With around 24,000 students from 80 countries, Birmingham City University is a large and diverse place to study. We put students at the heart of everything we do, giving them the best opportunities for future success. The University has an enviable reputation for providing quality, student-focused education in a professional and friendly environment. Our superb courses, state-of-the-art facilities, first-rate staff, and focus on practical skills and professional relevance is producing some of the countrys most employable graduates. Located in a modern 300m campus in the heart of Birmingham, at the City Centre Campus, the School of Engineering and the Built Environment is a thriving, vibrant, and inspiring learning community committed to excellence in research, high quality teaching and impactful industrial engagement.
Our staff and student community is defined by our core values, which outline who we are as a University and how we will work with each other. Our core values are Excellence, People focused, Partnership working and Fairness and integrity.
To apply for this role, please complete the online application and upload a copy of your CV. Candidates are advised to remove personal information to ensure a fair and transparent process.
CLOSING DATE FOR ADVERT AND APPLICATIONS IS SUNDAY 17 JANUARY 2021
Further details:
The University is committed to internationalism and diversity and welcomes applications from all countries, faiths and backgrounds.
It is each individual successful applicants responsibility to ensure that they have permission to work in the UK. Some applicants may require sponsorship from the University and a visa from UKVI to take up the role if successful. More information on this can be found here:https://www.gov.uk/check-uk-visa
Some roles are not capable of sponsorship because they do not meet the UKVI criteria relating to skill and salary level. If you are unsure as to whether you would require sponsorship if successful, or whether the role is capable of sponsorship, please contact us:RTinbox@bcu.ac.uk
Please note on occasions where we receive a large number of applications, we may close the advert ahead of the publicised closing date. If this does happen, we will contact all candidates via email who have started but not yet completed their application, giving 48 hours notice. We would therefore advise that you submit your completed application as soon as possible.
Birmingham City University are an equal opportunities employer and welcomes applications from all sections of the community.
Birmingham City University ('BCU') is committed to protecting your personal data and being transparent about what we do with your personal data. One of the ways we do this is through our privacy notices. For further information pleaseclick here.
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‘Earables’ the next milestone in wearable tech, say engineers – E&T Magazine
A team of engineers based at the University of Illinois Grainger College of Engineering are exploring a new sub-area of mobile technology based on sophisticated and connected earphones.
The leap from todays earphones to 'earables' would mimic the transformation that we had seen from basic phones to smartphones, explained Professor Romit Roy Choudhury, an expert in electrical and computer engineering. Todays smartphones are hardly a calling device anymore, much like how tomorrows earables will hardly be a smartphone accessory.
Choudhury and his colleagues who are drawing from a wide range of fields are developing new algorithms and experimenting with them on earphone platforms with live users. They hope that in the future, these wearable devices will continuously sense human behaviour; run acoustic augmented reality; have digital assistants whisper information, and track user health and fitness.
The researchers have published a series of papers in this area, including a recent paper on voice localisation for earphones.
If you want to find a store in a mall, the earphone could estimate the relative location of the store and play a 3D voice that simply says 'Follow me'. In your ears, the sound would appear to come from the direction in which you should walk, as if its a voice escort, said PhD student Zhijian Yang.
'EarSense: Earphones as a Teeth Activity Sensor' considers how earphones could sense facial and in-mouth activities such as teeth movements and taps, enabling a form of hands-free communication to smartphones and other computing devices. Moreover, as various medical conditions manifest in the chattering of teeth, a smart earphone could make it possible to identify them. The team is planning to look into whether sensors incorporated into earphones could be used to analyse facial muscle movements and thus emotions.
A third paper, 'Voice Localisation Using Nearby Wall Reflections', explores the use of algorithms to detect the direction of a sound; this would allow a wearers earphones to tune into the direction of a person who is speaking to them.
Weve been working on mobile sensing and computing for 10 years, said PhD student Yu-Lin Wei. We have a lot of experience to define this emerging landscape of earable computing.
Speaking to E&T recently, Anders Andren, CEO of Swedish audio brand Urbanista, said that sensors were likely toplay a role in making consumer audio products more helpful in the future; for instance, in adjusting active noise control to the wearers environment.
Well go into exciting times with sensors, with gyros, he said. I think theres plenty to dive into. Well go from the old phones into smart hearables and that will be interesting.
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'Earables' the next milestone in wearable tech, say engineers - E&T Magazine
New engineering business opens its doors in Netherton despite the pandemic – expressandstar.com
Jason Clark with Chris Brown
RJ Clark Engineering is the first business for Mr Clark who has vast experience in the design, manufacturing of tooling for the foundry industry.
The founder, and skilled engineer said: "Opening my first business in Netherton and created new jobs in the engineering sector in the midst of a pandemic and the heart of industry feels like a dream come true.
"Opening and managing a business is no easy task and that in itself has been challenging, but rewarding. Understanding business finance and accessing the right funding package was crucial to starting RJ Clark Ltd.
Accessing finance for entrepreneurs and small businesses isn't easy, especially with the myriad of options because of Covid-19, but Central Business Finance came recommended and has a strong record of supporting manufacturing businesses in the region."
Chris Brown, director of Central Business Finance, added; "Seeing RJ Clark open and ready for business when businesses are closing because of the pandemic is a great accomplishment. Supporting entrepreneurs and small businesses achieve growth across the Midlands and seeing RJ Clark Ltd come to fruition from concept to completion is a privilege not to mention see the creation of 5 new jobs for the area!"
Mr Clark added: "Central Business Finance took the time to understand what I wanted to achieve, what are my plans for the future and really understand both the financial market and the manufacturing industry."
Central Business Finance, has already supported over 300 businesses in 2020 with commercial finance to access funding to either continue trading or start a new business.
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New engineering business opens its doors in Netherton despite the pandemic - expressandstar.com
These 4 Measures Indicate That SIA Engineering (SGX:S59) Is Using Debt Reasonably Well – Simply Wall St
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know worries about.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved when a business collapses. As with many other companies SIA Engineering Company Limited (SGX:S59) makes use of debt. But should shareholders be worried about its use of debt?
Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists at their mercy. Part and parcel of capitalism is the process of 'creative destruction' where failed businesses are mercilessly liquidated by their bankers. However, a more common (but still painful) scenario is that it has to raise new equity capital at a low price, thus permanently diluting shareholders. Of course, plenty of companies use debt to fund growth, without any negative consequences. When we examine debt levels, we first consider both cash and debt levels, together.
Check out our latest analysis for SIA Engineering
As you can see below, SIA Engineering had S$12.7m of debt at September 2020, down from S$15.7m a year prior. But it also has S$514.9m in cash to offset that, meaning it has S$502.2m net cash.
According to the last reported balance sheet, SIA Engineering had liabilities of S$223.8m due within 12 months, and liabilities of S$93.0m due beyond 12 months. Offsetting this, it had S$514.9m in cash and S$353.9m in receivables that were due within 12 months. So it actually has S$552.0m more liquid assets than total liabilities.
This excess liquidity suggests that SIA Engineering is taking a careful approach to debt. Because it has plenty of assets, it is unlikely to have trouble with its lenders. Simply put, the fact that SIA Engineering has more cash than debt is arguably a good indication that it can manage its debt safely.
It is just as well that SIA Engineering's load is not too heavy, because its EBIT was down 91% over the last year. When a company sees its earnings tank, it can sometimes find its relationships with its lenders turn sour. When analysing debt levels, the balance sheet is the obvious place to start. But it is future earnings, more than anything, that will determine SIA Engineering's ability to maintain a healthy balance sheet going forward. So if you're focused on the future you can check out this free report showing analyst profit forecasts.
But our final consideration is also important, because a company cannot pay debt with paper profits; it needs cold hard cash. SIA Engineering may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt. Happily for any shareholders, SIA Engineering actually produced more free cash flow than EBIT over the last three years. That sort of strong cash conversion gets us as excited as the crowd when the beat drops at a Daft Punk concert.
While it is always sensible to investigate a company's debt, in this case SIA Engineering has S$502.2m in net cash and a decent-looking balance sheet. And it impressed us with free cash flow of S$62m, being 129% of its EBIT. So we don't think SIA Engineering's use of debt is risky. The balance sheet is clearly the area to focus on when you are analysing debt. However, not all investment risk resides within the balance sheet - far from it. For instance, we've identified 1 warning sign for SIA Engineering that you should be aware of.
Of course, if you're the type of investor who prefers buying stocks without the burden of debt, then don't hesitate to discover our exclusive list of net cash growth stocks, today.
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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.
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VW Bolsters U.S. Footprint With Advancements In Electric Car Portfolio, Infrastructure And Engineering – CarScoops
VW is moving forward with its assault on the U.S. market in a bid to establish itself as an industry giant as far as electrification. The German carmaker hopes to take the fight to Tesla on its home turf.
The first order of business is the ID.4 fully-electric crossover, expected to arrive at dealerships nationwide in early 2021. Other plans include infrastructure expansion, as well as further developments in terms of engineering and manufacturing.
The introduction of the ID.4, our new compact SUV the Volkswagen Taos and rising vehicle quality have given us real momentum heading into 2021, said VW Group of America COO, Johan de Nysschen. Its important that the infrastructure supporting our products continues to grow in the U.S. as we aim to deliver more vehicles designed in the market, for the market at the right time and at the right price.
Read: VW Tiguan Front Seatbelts May Rupture During Impact, Recall Announced
This year has been a very important one for VW, despite an industry thats still recovering and dealing with a global pandemic. In reverse chronological order, VW recently announced the addition of a 51-vehicle charge park at its Innovation and Engineering Center California (IECC) in Silicon Valley. Its one of the largest publicly accessible charge parks in the Bay Area.
Last month, the carmaker broke ground on a new Battery Engineering Lab in Chattanooga, joining its electric vehicle expansion and battery pack assembly facility, which is also under construction. Overall, this will stand as VWs main hub for electric vehicle production and engineering in North America.
Other highlights include the opening of the Oxnard Engineering Campus (also in California) back in July, and the unveiling of the Arizona Proving Grounds featuring a 50-vehicle charging station.
The latter is tasked with evaluating EV battery and charging performance under extreme hot-weather conditions.
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English is easier: India is woefully underprepared to teach engineering in regional languages – The Times of India Blog
While the new National Education Policy recommends greater use of the local language as a medium of instruction, specific ramifications of this will unfold over time. One announcement that has caused churn in recent weeks is that the next academic session will see selected engineering institutions including IITs and NITs offer technical education in regional languages as well. Union education minister Ramesh Pokhriyal has done widespread outreach on this, and he emphasises the need to strengthen and save the 22 languages in the Eighth Schedule of our Constitution. The question is whether this worthy goal should be pursued through re-engineering elite engineering institutions.
As much as education, science and technology already shape the global landscape today, they will play the ultimate role in defining which nations succeed or fail tomorrow. In this context it is a matter of concern how few globally competitive institutes of excellence India has, and on top of this IITs have dropped further behind in the QS World University rankings. Government told Parliament last year that there is a shortage of 3,709 faculty members against a sanctioned strength of 9,718 across the 23 IITs. When almost all the top engineering education has hitherto been in English, where will the faculty be found for delivering technical lectures in regional languages?
Pointing to how excellent technical education is offered in Chinese and German in those countries misses the key point: There the entire ecosystem as well as history are geared in the same direction whereas here we are trying to buck that. Unlike those nations India is a multilingual country, and even there more courses are being offered in English than before. Local language textbooks and translations are not even available for traditional engineering courses, forget new ones like artificial intelligence. IITs are supposed to be autonomous institutions an essential precondition for excellence. Let them choose what language they want to teach in.
This piece appeared as an editorial opinion in the print edition of The Times of India.
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