The latest figures from the Office for National Statistics (ONS) on manufacturing for the first quarter show the Capital Goods sector was 1.9% ahead of the level it reached at the end of the first quarter of 2012. The output figures confirm the trend identified in the recent MTA Business Survey which showed Britain’s engineering based manufacturing companies investing in machine tools and related equipment at a faster pace than for most of 2012.
The MTA provided support to 13 members exhibiting at the recent CIMT exhibition in China 22-27 April through a dedicated 477 m2 pavilion. The event went well for Association exhibitors and previous exhibitors stated that pavilion position, design and the overall outcome was vastly improved on 2011. The organisers stated that there had been 130,000 visitors by the lunchtime of the third day.
Congratulations to MTA Member Company Renishaw which has been awarded a Queen’s Award for Enterprise in the Innovations category. The award is for the design and manufacture of the REVO® 5-axis multi-sensor probing system for coordinate measuring machines (CMMs).