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Friday Brief Archive

2019

Week 51

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2018

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2017

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2016

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Friday Brief

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

A final reminder that we are holding our Spring Economic Update session next Thursday, 27th April. 

The event is being held at the premises of MTA Member GF Machining Solutions in Coventry.  You can get more details and link to the registration form - the event is free, but we need to know who is coming for administration purposes - from the MTA web-site at www.mta.org.uk/event/spring-economic-update.

The MTA has been asked to help the Review of Industrial Digitalisation, an initiative being led by Juergen Maier, CEO of Siemen’s UK. The aim is to understand why UK manufacturing has been slower on the uptake of digital technologies than some other countries. One part of that is a questionnaire, which you can take part in through the story below, to make sure that the analysis is applied to the right targets.

This week the MTA’s James Fudge has been representing the Association over in China at CIMT, where we have been hosting the UK Pavilion. Find out more on China and exporting below.

Prime Minister Teresa May this week called a snap general election, which will take place on 8th June a mere seven weeks away. The MTA’s Head of External Affairs, Paul O’Donnell, gives his thoughts on the latest from Westminster.

Congratulations to The University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) which received international recognition for its outstanding research and development as it was named a Supplier of the Year by The Boeing Company at an awards ceremony in the USA on 12th April 2017.

Would you like your company or research institute to take part in collaborative R&D projects with potential European partners on Technology that could greatly benefit your company? Then you should consider joining the SMART Advanced Manufacturing EUREKA cluster. See below for more details on how to get involved.

Staying with awards we’re pleased that the NEC has won a prestigious international one, after securing the 2017 UFI Operations and Services Award. We work very closely with the NEC to deliver MACH exhibition every two years and we’d like to congratulate the team there on their success.

Next week MTA members Fronius UK will be hosting an Open House at their Technology Centre in Milton Keynes (26th April 2017 from 10am). Take a tour and experience a wide range of demonstrations and discussions about their entire range of welding products, see within the brief for registration details.

On the 25th of April, Mazak are hosting a specialist event, at their European Technology Centre, ideal for UK gear manufacturers. Held in conjunction with Sandvik Coromant and Renishaw, the ‘Get in Gear’ event will showcase state-of-the-art technologies used throughout the complete gear cutting process, from concept and design through to manufacture, measurement, and even repair using additive manufacturing. https://www.mazakeu.co.uk/gig/

MTA member GF Machining Solutions’ will host an Open House in May to launch their new CUT P series of advanced wire EDM machines to UK audiences. If you’re interested in attending please see the below story.

Just a reminder that our biennial survey of charges made for visits by service engineers is still open for your response.  We have sent out reminders this week those member companies who we think this is relevant to, but if this is of interest and you have not seen the questionnaire, please contact Geoff Noon at MTA (e-mail:  gnoon@mta.org.uk) for a copy.

In a quiet week for economic news, we report on signs of improvement in the US market after a slow start to 2017 and a continuation of some good numbers on profitability among UK manufacturing companies that contrast somewhat with the weak investment numbers at the end of 2016 that we highlighted a couple of weeks ago; although not conclusive, this does suggest that these might have been a one-off rather than sign of enduring weakness, but only time will tell.

That is all for this week, we’ll be back next Friday with industry news, until then have a great weekend from everyone at the MTA.

MTA SPRING ECONOMIC UPDATE

MTA Logo
MTA SPRING ECONOMIC UPDATE

A final reminder that we are holding our Spring Economic Update session next Thursday, 27th April.  In this, we will, with the help of Andrew Goodwin, Lead UK Economist at Oxford Economics, look at the prospects for the UK economy and then move on to review the outlook for various key industries and the latest machine tool and cutting tool forecasts that we have just released.

Review of Industrial Digitalisation

Review of Industrial Digitalisation

As part of the process of developing the Government’s Industrial Strategy, Siemen’s UK CEO Juergen Maier has been commissioned to undertake a Review of Industrial Digitalisation. The uptake of, and investment in, digital technologies in UK manufacturing is universally held to be too low and too slow. The Government wants to understand why that is and more importantly what policies should be considered to improve investment and increase UK productivity.

The link below is to a questionnaire which gives you chance to contribute directly to the Review.

Election Called

Election Called

When the Prime Minister announced a snap election on Tuesday, it was a genuine surprise to even the most avid watchers of Westminster. Her repeated denials that she was pIanning any such thing and the lack of any leaks to that effect caught most commentators, and the vast majority, of MPs on the hop. In hindsight, it makes perfect sense to take advantage of the weakness of the opposition to secure a bigger majority for potential troubles ahead.

MTA at CIMT

MTA at CIMT

This week saw the MTA and 6 UK companies attend CIMT in Beijing, China. 

The MTA were one of the key Associations represented at the event and took part in the grand opening and ribbon-cutting ceremony. 

Taking place every two years, CIMT is the largest manufacturing technologies exhibition in China with over 1,600 exhibitors. 

U.K. Pavilion exhibitors were:

NEW CUT P Wire EDM Machines - UK Launch, GF Machining Solutions’ Open House, Coventry

NEW CUT P Wire EDM Machines - UK Launch, GF Machining Solutions’ Open House, Coventry

GF Machining Solutions’ will host an Open House in May to launch their new CUT P series of advanced wire EDM machines to UK audiences. If you’re a precision component manufacturer or mould maker looking for the latest wire EDM technology on the market.

It’s a unique opportunity to see wire EDM technology in a whole new light - and, as such, promises to be a landmark and truly inspirational event.

FRONIUS OPEN HOUSE - WEDNESDAY 26TH APRIL

FRONIUS OPEN HOUSE - WEDNESDAY 26TH APRIL

Fronius UK will be hosting an Open House at their Technology Centre in Milton Keynes on 26th April 2017 from 10am.

Don’t miss this great opportunity to step inside the world of Fronius and see the newest technology live in action.

Take a tour and experience a wide range of demonstrations and discussions about our entire range of welding products and applications – including some specially selected guest speakers.

Back to the Future of Welding

Time: 10am - 5pm

University of Sheffield’s AMRC named Boeing Supplier of the Year at global awards ceremony

University of Sheffield’s AMRC named Boeing Supplier of the Year at global awards ceremony

●          Advanced Manufacturing Research Centre (AMRC) recognised at Boeing’s Supplier of the Year Awards

●          The AMRC was honoured in the Innovation category of Boeing’s annual Supplier of the Year awards in Dallas, Texas

●          It’s the second time the AMRC has been honoured, previously receiving an award in 2011 in the best International (Technology) category

Get in Gear at the Mazak European Technology Centre

Get in Gear at the Mazak European Technology Centre

On the 25th of April, Mazak are hosting a specialist event, at their European Technology Centre, ideal for UK gear manufacturers. Held in conjunction with Sandvik Coromant and Renishaw, the ‘Get in Gear’ event will showcase state-of-the-art technologies used throughout the complete gear cutting process, from concept and design through to manufacture, measurement, and even repair using additive manufacturing.

https://www.mazakeu.co.uk/gig/

Opportunity: collaborative R&D

Opportunity: collaborative R&D

Would you like your company or research institute to take part in collaborative R&D projects with potential European partners on Technology that could greatly benefit your company? Then you should consider joining the SMART Advanced Manufacturing EUREKA cluster.                                                 

NEC wins first international award to cement position as UK’s No. 1 venue

NEC wins first international award to cement position as UK’s No. 1 venue

The NEC has won its first international award after securing the 2017 UFI Operations and Services Award. UFI, the Global Association of the Exhibition Industry, offers awards as a platform for sharing best practices and honouring outstanding activities within the exhibition industry, with the Operations and Services Award focusing on the best exhibition industry initiatives to enable a perfect customer journey to and in the venue.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

Profitability of UK Companies, 4th Quarter 2016:  The Office for National Statistics (ONS) reports that profitability (the net rate of return calculated as the economic gain - profit - as a share of capital used in production) of manufacturing companies improved to 12.7% in the final quarter of 2016.  This compares to 11.8% in the previous quarter and 10.3% recorded for the 4th period of 2015, but is lower than the rate in both the 1st and 2nd quarters of 2016.