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Newsletter Listing intro for week 22

Welcome to the Friday Brief for 30 May 2014.
The MTA will be hosting an Advanced Machining Event on 24 June as part of the Global Manufacturing Festival taking place 24th-25th June, at the AMRC in Sheffield. This innovative event includes live demonstrations of the latest tooling, toolholders and toolpart cutting technology. An agenda setting conference will also feature internationally recognised leaders discussing the future of machining and a range of emerging technologies.
As we go to press the latest edition of the MTA Economic Report has just been released. The Report contains a round-up of economic data for the UK economy, statistics relating to the MTA’s key customer sectors and a summary of the latest trends from the Association’s surveys. MTA members can download the Report from this week’s Friday Brief story or from the MTA website.
The general economic news this week shows that the latest CBI Trends Survey highlights the mechanical engineering industry as having strong order books and having recorded solid output growth in its May survey. Positive signs are coming from the CECIMO Barometer survey, also included in this week’s Friday Brief, that points to a continuation of the recovery in Europe.
There is a final reminder to MACH 2014 exhibitors to complete their survey returns. These questionnaires provide valuable feedback on the exhibition and will contribute to making MACH 2016 even better.
We welcome Huvema UK as a new member to the Association this week. This follows last week’s news that Rugby based TDT Technology Ltd had joined the MTA.
Also in this week’s Brief is the latest news about the annual Inter-Association Golf Day. This is an excellent networking event and will take place on 16 July at the Leicestershire Golf Club.
Have a good weekend.

Inter-Association Golf Day

Inter-Association Golf Day

The annual Inter-Association Golf Day will take place on 16 July at the Leicestershire Golf Club, so save the date for this exciting event.
The Day will start with tea/coffee and bacon sandwiches. A 1st ‘T’ time is scheduled for 0930. Teams will compete for the Inter-Association Rose Bowl and the MACH Trophy. The day will include a light lunch, concluding with a three course evening meal and prize giving.
For further details contact: Alice Smith on  0207 298 6416 or email: asmith@mta.org.uk
 

Huvema UK joins MTA

Huvema UK joins MTA

The MTA welcomes new member Huvema UK to the Association. The Company has been active for over 40 years and exports a range of metal working machines for the industrial market to over 20 countries worldwide.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK Machine Tool Exports/Imports, 1st Quarter 2014:  Data from HM Revenue & Customs, analysed by MTA, shows that exports of machine tools were worth £164.2 million, an increase of +26.9% compared to the 1st quarter of 2013 and +29.7% higher than in the previous quarter.  China remains the top export destination although this is helped by a substantial shipment in one product category;  exports to the European Union (for various reasons, care is needed in interpreting data for individual EU countries) increased by +9.9% compared to the 1st quarter of 2013.

MTA ECONOMIC REPORT

MTA ECONOMIC REPORT

The latest edition of the MTA Economic Report is now available for members to download (see below). The Report contains the usual round-up of economic data for the UK economy, for our key customer sectors and a summary of the latest trends from our surveys. 

The Report also features a more in depth look at the MTA UK Machine Tool Forecast Update and the Spring 2014 edition of the Global Machine Tool Forecast that we highlighted in the Friday Brief last month.

Advances in Machining

Advances in Machining

The MTA is hosting an advanced machining event on the 24th June as part of the Global Manufacturing Festival (24th-25th June), at the AMRC in Sheffield.

Global leaders in the field of machining will present the challenges anticipated in the future, and discuss the range of different technologies and solutions to address these challenges. You will be able to view live demonstrations which will include the latest tooling, toolholders and toolpart cutting strategy, prediction of machining dynamics and 3D tool wear measurement.