Good morning and welcome to this week’s Friday Brief.
The MACH 2020 press launch took place this week at the University of Wolverhampton School of Engineering. The launch saw the MTA update the press on how plans for MACH 2020 are going and introduce some new zones which will be featured at the show. See the story below for all the details.
The MTA is pleased to announce that it has won the 2018 British Standards Institution (BSI) Organizational Leadership Award. The Award recognizes exceptional support for standards-making by a trade association, professional body or an individual company. It is a great honour to pick it up and you can find out more within the Brief.
On 15th January the National Physical Laboratory at the 3M Buckley Innovation Centre in Huddersfield will be hosting an event on the Future of Transportation, all the details on the event can be found below but it will discuss; autonomous vehicles, electric and hybrid technologies and lightweighting and composites.
During its General Assembly in Barcelona, CECIMO reported that its machine tool production is likely to see an 8% gain in 2018. The turnover of CECIMO manufacturers should reach €27.8 billion, continuing its extraordinary growth for the second year in a row and increasing our global market share from 33% to 34%.
The latest Economic Sentiment Index (ESI) from the European Commission shows a small improvement in industrial confidence in both the Euro-zone and the EU28 overall. This also included the results of the bi-annual investment survey – capital expenditure by the manufacturing industry is expected to grow at both Euro-zone and EU28 levels in both 2018 and 2019, although for 2018 there is a small reduction in the assessment of this compared to the Spring survey. This week, we also have the latest UK trade data for machine tools which shows a significant increase in both exports and imports for the first nine months of 2018 and the availability of a European Economic report with a focus on the tooling market through our membership of CELIMO.
Finally, just another quick reminder that the MTA AGM and Parliamentary Reception takes place next week on the 4th of December. At the AGM we will have an opportunity to hear the private thoughts of Professor Anand Menon, one of the thinkers closest to the process and a regular, and perceptive, voice across the media. If you want the inside story of what’s really going on, this is the place to get it. We then have an opportunity to present industries views directly to MPs at the House of Commons, on the very day that the debate on the Deal will start. With Ministers and their Shadows already confirmed attendees, it’s an opportunity to help secure a Brexit that works for manufacturers and keeps trade flowing. You can register here https://www.mta.org.uk/event/agm-and-house-commons-reception-2018 or by emailing events@mta.org.uk.
Thanks for reading, tha’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.
