Good morning and welcome to this week’s Friday Brief.
The have partnered with the British South India Council of Commerce's mission to promote trade and investment between UK and India, British South India Council of Commerce (BSICC), is partnering with Europe India Centre for Business and Industry (EICBI) and UK Karnataka Business Chamber to organise “India Manufacturing Summit” on 18th July 2017 at Houses of Parliament, Westminster, London.
The MTA has managed to secure a limited number of tickets to this event for members- Please contact James Fudge (jfudge@mta.org.uk) if you are interested in attending.
The AMRC is running events across the Sheffield City Region through the Sheffield Innovation Programme (SIP), to invite businesses to network and brainstorm on the future of metal processing and applications within industry. To find out how you can attend see the story below.
Digital Manufacturing is already here - but is your business ready to take full advantage and be at the forefront of this exciting new era? Driving competitiveness and productivity of UK industry through digitalisation is an event taking place at the MTC in Coventry on 30th and 31st October. The MTA are sponsors of this event, find out more details how you can attend in the Brief.
Stars of the South West aerospace and defence sector were honoured at the WEAF Aerospace Ambassadors Awards celebration dinner at Bristol Museum this week. Organised by West of England Aerospace Forum (WEAF), the inaugural awards celebrate the sector’s unsung heroes and shine a spotlight on their outstanding achievements.
Both the CBI Industrial Trends Survey and the Bank of England’s Agents’ report point to growth continuing in the UK manufacturing sector although especially in the former of these, there is some slightly mixed news with a suggestion in the former of these that, while the aerospace and automotive industries remain strong, the recent improvement in mechanical engineering may have ended - we need to wait for the actual output data over the next few months to confirm this. The European Commission Economic Sentiment Indicator also showed a significant improvement in the alters reading. This week has also seen the Office for National Statistics publish the provisional PRODCOM data for 2016 which gives our first view of UK output at a detailed product level - it appears to show a fall in production of machine tools compared to 2015, but there have also been some unwelcome (and unannounced) classification changes, so we need to crunch through the numbers before announcing the figures.
That’s all for this week, we’ll be back next Friday with more industry news, until then have a great weekend from everyone at the MTA.
