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Newsletter Listing intro for week 18

Welcome to the first of our new look Friday Briefs, part of the ongoing revamping of the MTA’s digital presence.

The first time you want to access stories in the new Friday Brief you will need to update your password.

Simply follow this link (http://www.mta.org.uk/user/password) and enter your email address. You will then be send an email, addressed to your username – which you can change - and a link to reset your password.

The email will contain a 'one-time use' link to enable you to do this. Once you have entered your new password click save at the bottom of the page. You are now logged into the site and can click on any Friday Brief story to view it.

This week's briefing provides an insight into some MACH facts, figures and highlights including the visit from the Rt Hon Dr Vince Cable MP. Dr Cable toured the show on the Thursday, met with a range of companies and attended a roundtable focussed on what our industry needs to propel it forward.

We also want to celebrate the achievements of both Joseph Rhodes and Renishaw who have been recognised in this year's Queen's Awards for Enterprise.

From celebration to hard analysis, we have the latest updates from Oxford Economics, who have provided us with their market analysis and forecasts for the UK machine tool market. The findings of this research are included below.

Helping our members grow their businesses is one of the MTA's key objectives and in this week's brief we'd like to draw your attention to a conference organised by City and Financial focussed on winning business in Libya.

We'd also like to alert you to some new directives and papers to come from both HMRC and the EMF with regards to trade sanctions with Iran and the postponed Electromagnetic Fields Directive respectively.

There’s news from two of the MTA’s University members. Huddersfield University is looking for interested smaller businesses with a research need and Cranfield are hosting a National Manufacturing Debate, focussing on supply chain growth, on the 29-30 May.

The final item on this week's briefing is statistician Geoff Noon's comparison and assessment of the recent ONS GDP stats, CBI Industrial Trends Survey and the CECIMO trade report for our industry.

Have a good weekend, despite the weather.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

MTA Economic Report: The May edition of the MTA Economic Report is now available at the bottom of this page.  This is designed as a summary of the latest economic situation in the UK and looks at the economy in general, our key end-user sectors and the latest MTA survey results.  This time, there is also a summary of our forecast update and the new global machine tool forecast.

Conference: Winning Business in Libya

Conference: Winning Business in Libya

Libya is “a country where the post-conflict reconstruction programme is going to require spending of $200 billion over a ten-year period." Lord Green , UK Trade Minister

In May City & Financial will be hosting Winning Business in Libya: - A Practical Guide for UK Companies. 14th May 2012, the Park Lane Hotel, London.

UPDATED MTA FORECASTS

UPDATED MTA FORECASTS

As usual at this time of year, we have asked Oxford Economics to update the forecasts for the UK machine tool market.  Since our main forecast last November, the general economic situation has not changed dramatically and there remain some serious concerns about the future of the euro and the economics within the euro-zone.  Although these have eased, there is still a significant risk which has been joined by concerns about oil prices.

MTA members Joseph Rhodes and Renishaw Win the Prestigious Queen’s Award for Enterprise

MTA members Joseph Rhodes and Renishaw Win the Prestigious Queen’s Award for Enterprise

The MTA is delighted to be able to congratulate both Joseph Rhodes Limited and Renishaw plc on this marvellous achievement.
 

Wakefield- based Joseph Rhodes won the award in recognition of its continuous development of Super Plastic Forming and Diffusion Bonding Presses (SPF/DB).  These machines are specifically designed for the high temperature forming of titanium and aluminium alloys, primarily used in the aerospace and automotive industry.
 

MTA Celebrates Successful MACH 2012

MTA Celebrates Successful MACH 2012

With the last visitor leaving the NEC Birmingham on Friday evening, MACH 2012 is now officially over and what an exhibition it was.

Over the five days (April 16-20), some 21,624 people flooded through the doors including some 2,500 young people, many led on tours around the exhibition by apprentices from member companies.

The show was opened by Olympic Torchbearer for London 2012 Steve Backley OBE and the Rt Hon Dr Vince Cable MP, toured MACH on the Thursday and met with some of the 490 companies exhibiting to discuss how to build upon the sector’s strengths.