Good morning and welcome to this week’s Friday Brief
The TDI Challenge final took place on Wednesday 4th July at Manufacturing Technologies Association (MTA) member company, Yamakazi Mazak’s European headquarters in Worcester.
This year saw an increased number of entries from across the UK, with the finalist invited to Mazak to contest the final. Hundreds of students from across the UK submitted either their GCSE, A-Level or BTEC Design and Technology Course Work Projects to be judged by a panel of experts drawn from Industry.
The biggest event in the Irish manufacturing calendar is the National Manufacturing & Supply Chain Conference & Exhibition a one-day event which attracts over 4000 people to the Citywest venue outside Dublin. The next event is scheduled for January 17th 2019 – and for the first time there will be a significant part of the show dedicated to manufacturing technology and we’ll be supporting companies who would like to exhibit and get an introduction to the Irish market. See the story below for all the details of this exciting development.
The MTA are hosting a Mental Health at Work: Awareness & Benchmarking Workshop at the NIKKEN Innovation Centre Europe on 18th July. This half-day workshop, delivered by Business Psychologist, Alan Bradshaw, explores a challenging issue facing all member organisations – mental health and how best to manage it. The workshop raises awareness about workplace mental health issues and how attendees can begin to benchmark their organisation’s mental health performance. See the story below for details on how to attend.
The MTA Business Survey for June is currently underway and you can access the on-line form www.mta.org.uk/mta-business-survey-jun18 - this is one of our slightly longer quarterly surveys, so please take a few minutes to fill it in.
This week we have been made aware by an MTA member that unfortunately, the Arkwright Scholarships Trust have not been able to secure enough institutions to sponsor the number of successful candidates selected in 2018. Wakefield Girls High School are looking for support to help Arkwright Engineering Scholar fulfil their dream. See below for more details.
The EURIS Taskforce is delighted to announce two new additions to its rapidly growing membership. The British Compressed Air Society (BCAS) and the British Cables Association (BCA) have all joined EURIS in the last few weeks taking the total number of EURIS member associations to 13. Full details on the new members can be found within the Brief.
The Constructing Excellence Offsite Manufacturing and Technology Group witnessed the ‘art of the possible’ for construction manufacturing at a recent visit to the University of Sheffield Advanced Manufacturing Research Centre’s flagship facility, Factory 2050.
The UK manufacturing PMI for June was stable at a level that is still strongly positive, even if it is below the exceptional figures we saw at the end of 2017; for the Euro-zone, the PMI is still falling from its peak but, like the UK, it remains strongly positive. While the UK PMI is similar in all of the sub-sectors, IHS Markit (who compile the data) note that investment goods is the best performing sub-sector in the Euro-zone. The rest of the world is something of a mixed bag with some up, some down and, while mostly positive, there is a handful of countries where the PMI reading is below 50. In this week’s article below, we also take a look at the recent data for UK GDP which was revised up a little, mainly because the ONS got a better handle on the weather and bankruptcy affected construction sector. The European Commission’s Economic Sentiment Indicator is broadly stable at a high level and, within this, industry confidence is also flat at an historic high. Finally this week, the latest data for the BEAMA Contract Price Adjustment Service is available for members if you have been able to get this into your contract negotiations.
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.