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Friday Brief Archive

2020

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2018

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Friday Brief

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

We took a short break from the newsletter last week, due to how busy the MTA team were at MACH 2018. But we’re pleased to say we’re back and refreshed after what was an amazing showcase of the UK’s advanced engineering sector.

MACH 2018 was a great occasion with very positive feedback on the new Hall layout and increased foot flow of visitor throughout the exhibition space. We were also pleased to be join by Steph McGovern and the BBC Breakfast team on the Tuesday of the show for a live broadcast. After we went off air the MTA team caught up with Steph to discuss the importance of careers in engineering, you can see this interview here and get a little flavour of the show. https://www.youtube.com/watch?v=bAiA-PCTBbM

Last week we published some new research showing the true impact of manufacturing on the UK economy. Manufacturing accounts for nearly a quarter of the economy and more than 7.4 million jobs depend on it according to new research commissioned by the MTA.

For the first time ever, the study by world leading economics consultancy Oxford Economics, has taken into account the full impact of the UK’s manufacturing economy, including the indirect effect of increasingly complex supply chains and the induced effect of the spending that manufacturers’ wages create in the economy. For the full report please see the story below.

We also have news on the success of the MTA and the AMRC’s joint project at MACH 2018 and how SME’s can start to adapt to Industry 4.0 technology in their businesses. More details with the Brief.

Generous MACH visitors and exhibitors have contributed almost £3000 towards MTA Chief Executive Officer James Selka's charity bike ride on behalf of Help for Heroes. The MTA CEO will embark on a 300-mile Big Battlefield Bike Ride 2018 in June and we’ll keep you posted on his progress over the coming months.

The VI forum of Kazakhstan Machinery Manufacturers will take place on 20-21 September 2018 in Astana at Expo Congress Centre. Find out how to register below.

The Additive Manufacturing Special Interest Group (SIG) encourages innovation, enhances awareness and fosters knowledge transfer in additive manufacturing and 3D printing primarily for the benefit of UK business to enhance economic growth. They are holding a business breakfast in London on the 24th of May – full details below.

A more flexible way to use apprenticeship service funds is becoming available. Transfers are being introduced to give levy-paying employers more flexibility in how they spend their apprenticeship service funds. They can be used to fund apprenticeships in another organisation, great for groups of companies or SMEs in complex supply chains. Full details are in the story below.

We have published the Spring Updates to our forecasts for the UK machine tool and cutting tool markets. These are available for MTA members to download from our web-site (the details are in the article below).  The theme of the forecasts is a general upgrading of the outlook for 2018, with the better than expected performance of the key customer industries largely driving this trend.  We remain slightly pessimistic about the market in 2019 because of the uncertainty around Brexit, both for its impact on investment and in leading to a much lower than normal probability of the central forecast scenario (of a successful completion of the withdrawal agreement including a 21-month transition period with unchanged trading arrangements).  We are arranging an Economic Update Seminar which will be held on Thursday 17th May at which the UK aspects of this will be explored more fully and we will have an expert speaker on electric vehicles – one of the most challenging trends to our industry (details next week but put the date in your diary now).

The past couple of weeks has seen some important data published, most notably the UK manufacturing output data for February;  although the headlines were somewhat muted, there is strong growth in the Machinery, Metal Products and Aerospace industries.  In the UK, the Capital Goods sector as a whole is leading manufacturing growth, but in the European data released by Eurostat, it is weaker, although this may be partly because they focus on month-to-month trends rather than the 3-month rolling trend we use for the UK.  Data from the USA shows a strong start to the year for both machinery and tooling aspects of our industry and we also have brief reports on profitability figures both domestically and in the Euro-zone.

That’s all for this week, thank you to everyone who made MACH 2018 such an amazing showcase of advanced engineering in the UK - we can’t wait to do it all again in 2020.

AMRC bring the Fourth Industrial Revolution to the small businesses of the UK at MACH 2018

AMRC bring the Fourth Industrial Revolution to the small businesses of the UK at MACH 2018

The University of Sheffield Advanced Manufacturing Research Centre (AMRC) is on a mission to show how digital technologies can unlock game-changing value streams, by breaking down the barriers to adoption and demonstrating low-cost and low-risk solutions for even the smallest of businesses.

This year for MACH 2018 the AMRC partnered with the Manufacturing Technologies Association (MTA) to provide a unique showcase, demonstrating cost effective solutions for the integration of Industry 4.0 technologies into SME manufacturers.

MTA CEO raises charity cash at MACH 2018

MTA CEO raises charity cash at MACH 2018

Generous MACH visitors and exhibitors have contributed almost £3000 towards MTA Chief Executive Officer James Selka's charity bike ride on behalf of Help for Heroes.

As MACH 2018 drew towards the last day of its week-long tenure at the NEC, the cash was still coming in and being counted. It was raised by donations collected at a stand in Hall 7 made available to Help for Heroes by the MTA. Further amounts were raised in the organisers' office, where exhibitors kindly donated a sum in lieu of a car parking charge.

AM business breakfast, London 24th May

AM business breakfast, London 24th May

The Additive Manufacturing Special Interest Group (SIG) encourages innovation, enhances awareness and fosters knowledge transfer in additive manufacturing and 3D printing primarily for the benefit of UK business to enhance economic growth. If you are a business that would like to quickly find out about the potential benefits of 3D printing and hear about the range of technologies, applications and case studies it has been applied to, and see 3D printing in action, as well as having the opportunity to network with likeminded businesses, then this event is for you.

 

Transfers: A more flexible way to use apprenticeship service funds

Transfers: A more flexible way to use apprenticeship service funds

What are transfers? A recap

Transfers are being introduced to give levy-paying employers more flexibility in how they spend their apprenticeship service funds. They can be used to fund apprenticeships in another organisation. Funds will be transferred monthly for the duration of the apprenticeship. This means that levy-paying employers can work with another employer to help them take on apprentices, increasing the skills base in their supply chain, sector or local area. The choice is up to them.

What’s new?

MTA FORECAST UPDATE

MTA FORECAST UPDATE

We have released the Spring Update to our forecasts for the UK market for machine tools and cutting tools as well as the latest edition of the Global Machine Tool Forecast which covers the market outlook for 26 countries.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK Manufacturing Output, February 2018:  The data released by the Office for National Statistics last week contained some mixed news, with the headlines mostly focussing on the slower rate of growth in manufacturing;  total manufacturing output in the latest 3 months (December 2017, January and February 2018) was +0.7% higher than in the previous 3 months (September, October and November 2017) and +1.9% up on the same period 12 months earlier (December 2016, January and February 2017).