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Friday Brief Archive

2020

Week 27

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2019

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Newsletter Listing intro for week 28

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

We’d like to start this week’s newsletter by announcing that MACH 2014 is now a DOUBLE award winning show. Last night the MTA team picked up the Exhibition of The Year Award at the prestigious Trade Association Forum Best Practice Awards. We’d like to formally thank all of our members and exhibitors who put so much hard work into making MACH the envy of the trade association world.

It has been a big week at the MTA with the final of our annual Technology, Design and Innovation (TDI) Challenge. The finals took place on Wednesday 8th July at Yamazaki Mazak European Headquarters in Worcester and saw Geoffrey Sheir from Tonbridge School in Kent and Victoria Taylor from Balcarras School in Cheltenham pick up the top prizes in the 14-16 and 17-19 categories respectively. Further details on the winners and the awards can be found below.

The University of Sheffield Advanced Manufacturing Research Centre (AMRC) with Boeing lent a hand to 35 students designing and manufacturing a single seat-racing car capable of accelerating from 0-60 mph in under five seconds.

During the General Assembly that took place in Bordeaux on 6 July 2015, CECIMO’s Economic Committee announced they expect that European machine tool production to grow 3% in 2015. There are more details below.

In the light of this week’s Budget, The Guardian ran an article on productivity featuring MTA member PP Electrial. The link to this story can be found in the newsletter and is well worth a read. You can also read the MTA’s take on the Budget – spoiler alert - we need to see the details.

This week’s main economic data is on manufacturing output; there is quite a contrast at the moment between strong growth in Aerospace and a continuing modest improvement for the Automotive and Metal Products industries, but we are still seeing a decline in output of the Machinery industry.  The May figure was particularly weak and reversed modest gains we saw in the previous couple of months, but it remains a puzzle as to where these falls are coming from;  unfortunately, there is no breakdown across this diverse sector until we get the detailed product output numbers, so it is difficult to know what lies behind this, although the problems in the oil & gas sector supply chain (products such as pumps and valves are part of the Machinery industry) must be at least a part of this trend.  This week we also have the initial analysis of the PRODCOM data for 2014 and there is sheet available to download that updates the tables which were published in our recent Basic Facts Booklet.

That is all for this week, have a fantastic weekend from everyone at the MTA.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK Manufacturing Output, May 2015:  The latest output data from the Office for National Statistics (ONS) showed an increase in industrial production compared to April, but this was mainly because of a sharp increase in oil production which means that manufacturing output actually fell.  However, we prefer to focus on 3-month moving trends to smooth out the monthly variation.

Britain's productivity puzzle follow up

Britain's productivity puzzle follow up

A few weeks ago we reported on productivity puzzle still being an issue four England’s SME’s (link to original story here http://www.mta.org.uk/whats-new/members-news/productivity-puzzle-still-i...).
In the light of this week’s Budget, The Guardian ran an article on productivity featuring MTA member PP Electrial. The link to this story can be found. The link to this story can be found below and is well worth a read.

TDI Challenge shines a light on the next generation of UK engineering talent

TDI Challenge shines a light on the next generation of UK engineering talent

For over a decade the Manufacturing Technologies Association’s (MTA) annual Technology, Design and Innovation (TDI) Challenge, has been shining a light on young designers and engineers. The nationwide competition for schools aims to encourage teenagers to recognise the opportunities of a career in engineering and further develop their practical knowledge of modern manufacturing. 

MACH Scoops a double

MACH Scoops a double

MACH wins Exhibition of the Year at Trade Association Forum Best Practice Awards 2015

The Manufacturing Technologies Association (MTA) is pleased to announce that the MACH 2014 Exhibition is now a double award winning show. Following on from the success of winning Best Exhibition at The Association Excellence Awards back in February, MACH once again picked up the top prize, this time at the Trade Association Forum Best Practice Awards 2015.   

MTA Budget comment

MTA Budget comment

This week saw Chancellor George Osborne deliver his second Budget of the year. Basking in the afterglow of the Conservative’s triumph at the ballot box he sought an opportunity to make political capital out of the first wholly conservative budget since 1997. There were strong conservative themes at the heart of the package. A promise of further cuts in corporation tax and toughening up the welfare system are measures straight out of the party’s traditional playbook.