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EAMA is the Engineering and Machinery Alliance. This alliance comprises nine associations including MTA, representing firms operating in value added engineering, mostly as SMEs. They originally came together in 2001 to create greater critical mass when representing the views of their members to Government and the media. More recently, as Government has given RDAs increased responsibility for economic development, EAMA's remit has been extended to link in with the RDAs. The nine member associations are: the British Automation and Robot Association (BARA), the British Paper Machinery Suppliers Association (BPMSA), the British Turned Part Manufacturers Association (BTMA), the British Plastics Federation (BFP), the Confederation of British Metalforming (CBM), the Gauge and Toolmakers Association (GTMA), the Manufacturing Technologies Association (MTA), the Printing, Papermaking and Converting Suppliers Association (PICON) and the Processing and Packaging Machinery Association (PPMA). New EAMA Handbook EAMA has launched its 2008 handbook in partnership with Close Asset Finance. The book is a practical guide designed to help companies 'make it in the UK'. EAMA Budget representation Feb 2008 The MTA has as usual contributed to the Budget representations made by both EAMA and the EEF’s Joint Budget Group. Both representations state that the sector has done well recently but that we cannot afford to be complacent about the investment climate. We are also looking for a more competitive taxation environment especially for SMEs. Skills, training, exporting and a low carbon economy are also covered. Investment Survey - May 2007 According to a new Engineering and Machinery Alliance (EAMA) survey, which had a significant contribution from MTA members, of over 100 SME manufacturers, investment in UK mechanical engineering is now on the rise. After eight years of decline, during which the sector’s spend halved, 83% of firms in the EAMA survey said that they were investing as much or more than in 2005. Further, 66% of them were confident about business going into 2007, and fully 78% said that they expect to maintain or raise their investment levels again this year. The most popular areas for investment are training (84%), plant and machinery (82%) and IT (77%) followed by vehicles (68%), R&D (56%) and lastly buildings (43%). Based on the survey, firms are clearly spending more on IT in particular, but also on R&D, albeit from a lower base. Overall, the main reasons for investing are to improve productivity (53%), new technology (50%) and product development (36%). But amongst the top 20 exporting businesses in the survey (68% of them SMEs), all selling more than 60% of their goods overseas, the order was reversed with product development first followed by new technology and productivity last. To achieve these goals, the majority of firms including nearly all the big businesses were investing at up to 9% of turnover. However, in their efforts to raise productivity, nearly a quarter (24%) of micro and small businesses said they were investing at rates in excess of 20% of sales. Over 60% of companies agreed that there’s increasing overseas interest in their products. Download the Survey results here Meeting with Margaret Hodge MP for Industry and the Regions - November 2006 Download the document containing issues raised and proposed solutions SURVEY ON INVESTMENT – October 2006 Download Investment Survey - October 2006 EAMA Budget Letter - February 2006 1. Manufacturing investment performance 2. Encouraging a sustained performance 3. Reducing tax burdens for SMEs 4. Training credits 5. Regulatory simplification 6. Targeted grants EAMA Grant Availability Survey - December 2005 Download and EAMA Grants Survey - December 2005 | |
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