Blink and you would have missed the sunshine that lit up at least some of the country earlier this week. But while the skies remain grey we are cheering ourselves with a clutch of good news stories.
Firstly is news that Herman Van Rompuy, President of the European Council, gave his full support to the European Manufacturing and Machine Tool Sector when he addressed the recent CECIMO General Meeting. To hear his speech for yourself you can watch the video that follows in the Friday Brief.
We have also been delighted to use the MTA network of contacts to support Mollart’s Acubore project which has drawn on the expertise of two university research departments to help this ground-breaking project come to life. We also share news of the government’s decision to invest £80 million to keep the UK at the forefront of advances in aerospace and advanced manufacturing.
There’s more Government investment coming the way of advanced manufacturing through the Advanced Manufacturing Supply Chain Initiative, a scheme worth over £100m which it is open to companies in a supply chain to submit bids for. An example of an eligible project might be a major investment in plant or equipment to service the needs of an OEM or Tier 1 supplier. There’s more information below.
Helping members to grow their businesses is also why we are intending to take an MTA Pavilion at IMTEX in January. This extraordinary week-long exhibition in Bangalore, attended by more than 40,000 visitors is ideal for those of you who wish to break into or build your business in South and South East Asia.
Gordon King also shares his May report from China in this month’s brief which reveals that April and May are showing signs of recovery from the early year dip and finally we finish with a statistical analysis of our sector from Geoff Noon which looks at The Bank of England Agents Reports and the CELIMO council meeting.
Finally this week we sadly have to announce the death of Mr Stuart Smith, Managing Director of MA Ford Europe, who will have been known to many members. Our thoughts are with his family and friends in the industry.
We hope you have a good weekend.