Some cautious optimism despite machine tool sector slipping into recessionPublished : December 01, 2008
The Manufacturing Technologies Association's (MTA's) latest forecasts show that the downturn is hitting the machine tool market in the UK. However, some of the end-user sectors are still showing good levels of activity and this is expected to temper the size of the downturn.
A grossly imbalanced economy is now paying the price, says MTAPublished : November 25, 2008
The Manufacturing Technologies Association (MTA) reacting to the Pre Budget Report (PBR) said that the size of the proposed borrowing required for the Government's plans would shock our members. The MTA believes we in the UK are paying the price of an economy that has been grossly imbalanced between the service and manufacturing sectors for over thirty years and there was nothing in yesterday's package from the Chancellor to change this in the future.
Minister Promises Help for SMEs and Exporters at MTA Parliamentary ReceptionPublished : November 13, 2008
Ian Pearson, Minister for Business and Economic Secretary to the Treasury voiced his strong support for UK manufacturing at a House of Commons Reception held by the Manufacturing Technologies Association (MTA) on 12 November. The Minister addressed over 120 guests comprising of MTA members and their customers , MACH exhibitors and Members of Parliament . The Minister commented on the recent Manufacturing Strategy Review remarking "there are lots of good things in the strategy review and there is more we can do as a Government. Its vital in these economic times that we listen" the Minister then urged manufacturers to talk to Government to "enable us to focus on areas where we can take urgent action to create the right environment for business".
MTA to promote members at Autosport InternationalPublished : November 11, 2008
MTA will be promoting the advanced engineering applications of its members at Autosport International. The Association which represents the core of engineering based manufacturing will host a special MTA members’ stand enabling a select number of members to exhibit under the banner of the Association.
- The European Machine Tool industry confirms its growth forecast for 2008 despite the current global economic turbulences
Published : October 29, 2008
The CECIMO 2008 autumn General Assembly, which was held in Paris on October 24th and 25th 2008, confirmed the good production growth in the European machine tool industry for 2008.
MTA Welcomes Bob Hunt as Association PresidentPublished : October 27, 2008
The MTA formally elected Bob Hunt as the new President of the MTA at the Association's AGM on Thursday. Managing Director of Star Micronics GB Ltd, Bob takes over from Geoff Lloyd of Heller Machine Tools who for the last two years has ably led the Association, raising the MTA's profile with politicians and the media and improving the range and delivery of member services on offer. Bob commented that he is looking forward to the challenge, especially during these unpredictable economic times. He also assured members that he will continue the excellent work that Mr Lloyd has already started, namely boosting the MTA's membership, brand and political presence and of course working towards another successful MACH in 2010.
