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Newsletter Listing intro for week 32

Welcome to the Friday Brief for 8 August 2014.

The latest data on manufacturing output released this week shows a broadly steady picture for the sector as a whole, with the capital goods industries collectively running slightly ahead of total manufacturing.  However, the underlying picture is mixed with the automotive sector growing strongly, aerospace apparently levelling off following its small dip earlier in the year, while both machinery and metal products are down slightly on the previous quarter but above the level of a year ago.
If you want the latest view of the economic prospects for the manufacturing technologies sector going forward then make a note to attend the MTA’s annual Forecast Seminar. This year’s event will be held on Thursday 23 October at the premises of Iscar Tools at Bartley Green, near Birmingham. Make a note in your diary and look out for booking details which will be released in early September. There is also a reminder in this week’s Brief to return your entries for the next MTA Business Survey. Your participation is appreciated as it will help build up the best possible view of what is happening in the manufacturing technologies sector in the UK.
We have further details of new sanctions on Russia that the European Union has agreed. The measures are now in force and fall into three areas:  firstly, financial sanctions imposed on five state owned Russian banks to prevent them accessing EU primary and secondary capital markets; secondly an arms embargo and ban on dual-use goods against Russia for military end-users; and thirdly a prohibition on the export of certain goods to Russia for use in Arctic oil fields, deep-water and shale oil exploration and production. The aim is to inhibit the country developing further extractive capability.
This week saw the official launch of the UK’s commemorations to mark the centenary of the start of The First World War, with events across the country. The Tower of London, the home of the Royal Regiment of Fusiliers with which the MTA has close links, is the venue for a striking installation with the moat being progressively filled over the next weeks by volunteers placing  888,246 ceramic poppies. There are full details of how you can contribute in this week’s Brief.
We have further details of the annual MTA Members Golf Day. This popular event will be held on 24 September 2014 at the scenic Hellidon Lakes Golf & Spa Hotel, Daventry, Northamptonshire. Only 20 teams can take part so don’t delay making an application.

There is news in the Brief of three new members joining the MTA this week, namely: Amada UK Ltd; Phase 3 CNC Ltd and MJ Allen. We welcome them all to the Association.
Finally, we have notice of an introduction to composites event being hosted by NAMTEC alongside the AMRC’s Composite Centre. The event will be held at the AMRC Knowledge Transfer Centre, Rotherham on 17 September.

Have a good weekend.

MTA FORECAST SEMINAR

MTA FORECAST SEMINAR

We are pleased to announce that the 2014 MTA Forecast Seminar will be held on Thursday 23rd October. It will be held this year at the premises of Iscar Tools at Bartley Green, near Birmingham.

Please reserve the date in your diary and look out for the booking details which will be released early in September.

First step to composites

First step to composites

Fibre reinforced polymer composites (FRP’s) are in growing demand from industries such as aerospace, automotive, marine and renewable energy (principally wind), as they look towards reducing the structural weight of their components, whilst maintaining the highest material and structural performance.
NAMTEC alongside the AMRC’s Composite Centre, is hosting an event on 17 September, at the AMRC Knowledge Transfer Centre, Rotherham to encourage companies to envisage how the utilisation of composites might impact and improve their products.

Three new MTA members

Three new MTA members

The MTA is pleased to welcome three new members this week. The following are their outline profiles.

Amada UK Ltd
Established over 40 years ago Amada has grown to provide the largest service and sales support network within the UK sheet metal industry.

The Company’s technical centre is specifically designed for machine demonstrations, showcasing the latest technology in lasers, punches, press brakes, tooling, automation and CADCAM software.

MTA Members' Golf Day

MTA Members' Golf Day

The annual MTA Members' Golf Day will be held on 24 September 2014 at the Hellidon Lakes Golf & Spa Hotel, Daventry, Northamptonshire. Only 20 teams can take part so don’t delay your application and be disappointed.

MTA BUSINESS SURVEY

MTA BUSINESS SURVEY

Just a quick reminder that the July edition of the MTA Business Survey is still open for replies; you can access the on-line form at http://www.mta.org.uk/mta-business-survey-june14 or if you would prefer to have the form as a word document, please contact Geoff Noon at MTA (e-mail gnoon@mta.org.uk).  If you have not participated in this survey before, can we encourage you to do so, so that we get the best possible overview of what is happening in the manufacturing technology sector in the U

Sanctions on Russia

Sanctions on Russia

Recent months have seen the situation in the Ukraine escalate dramatically with first the overthrow of the Government, then the annexation of the Crimea, the separatist guerrilla war and finally the shooting down of flight MH17. In response western sanctions too have gradually stepped up, from a few selective travel bans and asset freezes to a new regime announced at the end of July, further details of which have emerged. These sanctions fall into three areas:

First World War commemorations

First World War commemorations

As the nation commemorates the centenary of beginning of The First World War, memorial events are being staged right across the country and The Tower of London is the venue for one of the most striking. The moat at The Tower, the home of the Royal Regiment of Fusiliers with which the MTA has close links, is being progressively filled by 888,246 ceramic poppies. Each poppy represents a British or Empire military fatality during the war.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK Index of Production, June 2013:  With the release of the data for June by the Office for National Statistics (ONS) we have the complete picture for the 2nd quarter of the year.  The headline numbers show that total manufacturing output was 0.2% higher than in the 1st quarter of the year and grew by +3.2% compared to a year earlier.  However, despite this growth, manufacturing output remains 7.4% below the pre-recession peak that was recorded in the 1st quarter of 2008 - this is significant because the UK economy as a whole passed that key level in this quarter, driven by