Scottish Business Briefing - Monday 9 July, 2012

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

ECONOMICS

Sunnier June as private sector shrugs off woes and creates jobs

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Scotland’s private sector bounced off its recent low point and started creating jobs again in June, boosting hopes that the economy north of the Border can avoid the recession plaguing the UK as a whole (Scotsman).

ENERGY & UTILITIES

Tie-up will mean firms can move on to bigger projects

Two Aberdeen-based oilfield service companies are joining forces in an attempt to secure larger and more complex client projects. Energetics company SPEX Services and engineering consultancy Cognity will integrate their specialist offerings to deliver projects from concept to completion (Scotsman).

INDUSTRY

Window company to invest as sales increase

Supaseal Glass, a double glazing company run by a veteran of the business is investing £200,000 to increase production capacity at its Hillington base by more than 50% after growing sales by a fifth over the past year against a tough backdrop (Scotsman).

Outlook cool for City Refrigeration despite strong growth in profits

ENTREPRENEUR Sir Willie Haughey’s business empire remained in rude health last year as turnover and profits rose across the board at City Refrigeration Holdings. But the company cautioned that a slowdown in the number of construction and refrigeration installation projects expected in 2012 might put it on a cost-cutting drive in an effort to retain its margins (Scotsman).

McPhee aims to boost mixer sales with new exports

A SCOTTISH company hopes to record a 20% increase in sales and begin exporting its new range of cement mixers. McPhee Mixers has incorporated five design features into the vehicles which are custom-built at its plant in Blantyre, South Lanarkshire (Herald).

RETAIL

JJB Sports warns of poor sales

JJB Sports has warned that sales in recent weeks fell below expectations due to weak demand for replica football kits during the European Championships and poor weather (BBC).