Good morning and welcome to this week’s Friday Brief.
The MTA are delighted to announce we will have a pavilion at Metalloobrabotka in Moscow, Russia 14-18th May.
The pavilion will host a number of MTA members as well as a lounge with events planned for during the week. The event will be support by the MTA’s Russian office with James Fudge and Igor Bazhenov working on the event. For more details please see the story below.
We would like to get all of our amazing exhibitors to start encouraging their guests to MACH 2018 to register for their Entrance Pass and Fast Track Entry Pack now, via the exhibition website at www.machexhibition.com. With a full A-Z of exhibitors, floorplan and badge all posted out to those who pre-register, it means visitors can plan their day and access the show, avoiding the queues, once they arrive onsite. So, see the story below and together we can make sure we all have a great MACH 2018.
Made in the North West Awards are now in their sixth year and continue to provide an opportunity to highlight the talent and enterprising manufacturing skills that the region has to offer. There are eleven categories in total available for you to submit entries too, so please see the story below for details of how to enter your business.
Innovate UK’s Global Business Accelerator Programme, delivered by the Enterprise Europe Network, is organising a visit to Canada specifically targeted at innovative businesses in the advanced manufacturing sector. This visit is fully funded and accompanying programme of support will allow technology-orientated companies to identify opportunities and solutions in the advanced manufacturing sector. So please see within the Brief for details of how to apply for this.
The PMI data that was published this week generally followed a theme of slightly slower growth, albeit still generally at very good levels, especially in Europe. None of the 25 countries and 2 regions that we track each month was below the crucial 50 level which points to a picture of manufacturing being in a good state around the world. The initial estimate of GDP from Eurostat showed a good level of growth in the final quarter of 2017 and the figures for the year as a whole show growth of +2.5% for both the Euro-zone and the EU28 - this is faster than the UK for the first time since 2011. Finally this month, we also have the latest indices for the Contract Price Adjustment service that we subscribe to on behalf of members.
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.