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2020

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Newsletter Listing intro for week 25

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.

President of the European Council supports European manufacturing at CECIMO General Assembly

President of the European Council supports European manufacturing at CECIMO General Assembly

Herman Van Rompuy, President of the European Council, gave a strong address to the CECIMO Delegates on 11 June 2012 expressing his explicit support for European manufacturing and the machine tool industry.

Mr Van Rompuy expressed a clear message about the importance of the machine tool industry in Europe, underlining that it is at the heart of industrial innovation. He stressed that the machine tool industry is a real global player and is a driver for sustainability and development of future products.

MTA DRAWS TOGETHER MACHINE TOOL BUILDER AND TWO

MTA DRAWS TOGETHER MACHINE TOOL BUILDER AND TWO

The MTA is delighted to have supported Mollart Engineering in its Acubore high technology deep hole drilling project. Through drawing on our network we were able to bring research departments at two leading universities- the University of Huddersfield and Cranfield University – together with Mollart’s design, development and application engineers to work on certain key parts of this project which aims to produce a drill point that can be effectively steered or bowed to avoid internal features in a material.

New £80 million package to keep the UK at the forefront of advanced manufacturing announced by Business Secretary Vince Cable

New £80 million package to keep the UK at the forefront of advanced manufacturing announced by Business Secretary Vince Cable

A new £80 million package to keep the UK at the forefront of advances in aerospace and advanced manufacturing was announced by Business Secretary Vince Cable on Thursday.

The Government is investing £25 million, with business, led by Rolls-Royce, providing a further £40 million, for a series of collaborative research and technology projects.

SAMULET II (Strategic Affordable Manufacturing in the UK through Leading Environmental Technology) will investigate new manufacturing processes aimed at increasing productivity and making the best use of resources.

MTA to take British Pavillion at IMTEX

MTA to take British Pavillion at IMTEX

The MTA is inviting all members to join it in taking advantage of the fabulous opportunity to strengthen your business and contacts across South East Asia that next year’s IMTEX presents. Held in Bangalore, IMTEX 2013, will mark the 16th year of the Indian Metal-cutting Machine Tool Exhibition, which attract some 40,000 visitors last year.

Grant Funding for Advanced Manufacturing

Grant Funding for Advanced Manufacturing

The Advanced Manufacturing Supply Chain Initiative (AMSCI) is a competition for funding to improve the global competitiveness of advanced manufacturing supply chains as well as attracting new manufacturers to be based in the UK. Up to £100M is available to support innovative projects that deliver economic growth. Government is looking to award the money in relatively large chunks, probably of not less than £2m each.

Funding will be available to support projects in the following areas, subject to State Aid rules:

May report from China

May report from China

April and May are showing signs of recovery from the early year dip, this can be attributed to government incentives to promote inward growth rather than an export led recovery, the next few months will hopefully see this continue to improve.

Economic Data this Week

Economic Data this Week

ECONOMIC DATA THIS WEEK

Bank of England Agents Report:  The Bank of England has a set of regional agents who meet with companies on a regular basis to generate information which is fed into the Monetary Policy Committee - a number of our members meet their local agent and will be part of this process.  The latest summary of the agents reports contains a number of interesting snippets about manufacturing.