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Friday Brief Archive

2020

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Newsletter Listing intro for week 17

Good morning and welcome to this week’s Friday Brief.

As usual at this time of year, MTA has updated the forecasts that we published last autumn - of course, this now includes the UK cutting tool market forecast that we introduced last year.  These have seen a small downgrading of our expectations for both the UK machine tool and cutting tool markets this year - in the former case, this is mainly due to a stronger than expected end to 2014, while the cutting tool forecast is affected by lower than expected output in some key customer sectors at the start of 2015.  The article below gives a little more background to this and, of course, the link to the documents on the web-site, where you will also find the Spring 2015 Global Machine Tool Forecast documents.

Three MTA members have this week received the prestigious Queen’s Award for Enterprise. Holroyd Precision, Renishaw PLC and Unison were amongst more than 100 British businesses to have received a Queen’s Award to recognise their contribution to enterprise.

We are also pleased to announce that the MTA will be working with Close Brothers and the AMRC “Close Brothers SME Apprentice Programme”. The scheme will see Close Brothers contribute to the cost of apprentices for 20 SMEs who might otherwise be unable to afford to take on a new apprentice.

The MTA have been at CIMT in China this week hosting the British Pavilion, you can read Head of External Affairs Paul O’Donnell’s report of the event.

Made Here Now, the brainchild of former Financial Times Manufacturing Editor Peter Marsh, was unveiled in front of 150 people on Thursday night (23rd April) at a reception held at New London Architecture (NLA). You can view the new website here http://www.madeherenow.com/home/project 

And to round off this week’s edition of the Brief we have economic news which features the Bank of England Agents’ Summary of Business Conditions, April 2015 and Investment Grants in Scotland and the English Regional Growth Fund.

Have a great weekend from everyone at the MTA.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

Bank of England Agents’ Summary of Business Conditions, April 2015:  The latest overview from the Bank’s Agents points to manufacturing output for both domestic and export markets picking up slightly compared to the March report.  In particular, the agents mention that contacts supplying civil aerospace, automotive, rail, medical and construction sectors (most of which are very important for MTA members) had reported sustained growth, but there was a further softening in demand from the oil & gas extraction industry.

Made Here Now launches

Made Here Now launches

Made Here Now, the brainchild of former Financial Times Manufacturing Editor Peter Marsh, was unveiled in front of 150 people on Thursday night (23rd April) at a reception held at New London Architecture (NLA).

The website will tell the story of modern-day industry through a series of articles and stunning pictures on four exemplar companies and is aiming to educate and inspire young people, academics, politicians and international investors about Britain’s engineering strengths.

CIMT 2015

CIMT 2015

One of the three global machine tool shows, the China International Machine Tools Show, CIMT, took place in Beijing this week.

The MTA was delighted to be able to host a UK Pavilion, with ten companies – Bowers, Craftsman, Delcam, Eclipse, Filtermist, Freddy, Mollart, Newall, Renishaw and Taylor Hobson - taking space.

Close Brothers launches innovative apprenticeship scheme for SMEs

Close Brothers launches innovative apprenticeship scheme for SMEs

• Close Brothers to fund 20 apprentices at British manufacturing / engineering firms
• Supported by the Manufacturing Technologies Association (MTA) and University of Sheffield AMRC Training Centre
• Three year programme to help firms to secure skills for tomorrow

Close Brothers Group plc, the leading merchant banking group, today announces the launch of a pioneering programme to help small and medium-sized enterprises (SMEs) secure the skills they need for future growth.

MTA MEMBERS RECEIVE QUEEN’S AWARD FOR ENTERPRISE

MTA MEMBERS RECEIVE QUEEN’S AWARD FOR ENTERPRISE

Three MTA members have this week received the prestigious Queen’s Award for Enterprise. Holroyd Precision, Renishaw PLC and Unison were amongst more than 100 British businesses to have received a Queen’s Award to recognise their contribution to enterprise.

All of this year’s winners are UK businesses leading the way in international trade, innovation and sustainable development. The Queen’s Awards scheme is regarded as the most prestigious business awards in the country and 2015 marks its 50th anniversary.

MTA MACHINE TOOL & CUTTING TOOL FORECAST UPDATE

MTA MACHINE TOOL & CUTTING TOOL FORECAST UPDATE

We are pleased to announce the release of the usual spring update to our Forecasts; this year, we have of course, updated the cutting tool forecast that we introduced last autumn alongside our long running machine tool forecast.  Also just published is the spring edition of the Global Machine Tool Forecast that we subscribe to via CECIMO.  MTA members can download any or all of the documents from the web-site at www.mta.org.uk/members-area/mta-forecast-documents.