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Friday Brief Archive

2019

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Friday Brief

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

Firstly, we would like to remind MTA members that it is your last chance to register for our Spring Economic Update, which takes place this coming Tuesday (30th April) at FANUC UK in Coventry. As well as our usual economic forecasting featuring the MTA’s Statistician Geoff Noon and Oxford Economics, we will also have a new feature, our technology update led by the MTA’s Technology manager Josh Dugdale. So, see the story below and register, we look forward to seeing you there.

On 22nd May The MTA are hosting the first of our open access Technical Days. The half day event aims to promote the benefits of additive and digital manufacturing technologies and connect companies looking to work with our members and the wider industry. If you are interested in attending or exhibiting at this event, please check out the story below for more details.

The AMRC’s lightweighting event takes place on 15th-16th May 2019 exploring how advanced materials and technologies are taking the weight out of planes, trains and automobiles to improve efficiency and reduce costs as the UK makes the transition to a low carbon economy. Find out more below.

CECIMO, the European Association for the additive manufacturing (AM) sector has welcomed the introduction of a new classification provision for AM machines in the World Custom’s Organisation’s product nomenclature. It’s a really important to step to bringing this technology into the mainstream of world trade. More information is available within the Brief.

Staying with CECIMO, they are hosting an event to coincide with Finland’s taking over the EU Presidency, so together with Technology Industries of Finland they would like to invite MTA members to their event on “Advanced production technologies for circular manufacturing”. The event is organised in partnership with the 2019 EU Green Week and will take place on 23 May 2019, from 09.00 to 11.30 at the European Economic and Social Committee. Find out how you can attend in the story below.

A showcase of UMATI (universal machine tool interface) will take place during the next EMO Hannover 2019. If you would like further details about UMATI you can see they feature within the Brief.

With the Easter holidays, this has been another light week for economic news, but there was some positive data on profitability for UK manufacturing companies which remains at a high level even if it is slightly off from its peak.  The ONS has also released an interesting article which highlights the role played by manufacturing industries in the UK’s export performance and, in particular, the importance of those industries who use the equipment supplied by MTA members.  There are more details in the economic news article but the automotive and other transport equipment industries hold 2nd and 3rd place respectively in the list of commodities in the UK’s export of goods.

That’s all for this week we’ll be back next Friday with more industry news and views, until then have a great weekend.

Last chance to register for the MTA Spring Economic Update

Last chance to register for the MTA Spring Economic Update

Our Spring Update presentation this year will be held on Tuesday 30th April at FANUC UK in Coventry.  As in the past couple of years, Andy Goodwin from Oxford Economics will give an overview of the economic situation and Geoff Noon (MTA) will talk delegates through the outlook for the manufacturing and engineering industries.  The event will concentrate on the UK situation but will included an overview of global events.

This year will also feature a technology update from the MTA’s Technology Manager, Josh Dugdale.

MTA Additive & Digital Half Day Seminar

MTA Additive & Digital Half Day Seminar

The MTA are hosting the first of our open access Technical Days. The half day event aims to promote the benefits of additive and digital manufacturing technologies and connect companies looking to work with our members and the wider industry.

Additive Manufacturing has the potential to revolutionise the way products are designed, manufactured and supplied. Adopting these innovative technologies can give companies a new edge and change what is possible. Machines, materials and techniques are improving rapidly in this space and this event is a great place to find out how.

Winning the Weight Race: Opportunities and Challenges in Lightweighting

Winning the Weight Race: Opportunities and Challenges in Lightweighting

Date: Wednesday 15th – Thursday 16th May 2019

Venue: The AMRC Factory 2050

Price: £150 plus VAT

Register now: for the AMRC’s lightweighting event on 15th-16th May 2019 exploring how advanced materials and technologies are taking the weight out of planes, trains and automobiles to improve efficiency and reduce costs as the UK makes the transition to a low carbon economy.

​Why attend?

Advanced Production Technologies for Circular Manufacturing

Advanced Production Technologies for Circular Manufacturing

On the occasion of Finland's upcoming EU Presidency, CECIMO, the European Association of the Machine Tool and related Manufacturing Technologies, together with Technology Industries of Finland has the pleasure of inviting you to our event on “Advanced production technologies for circular manufacturing”.

The event is organised in partnership with the 2019 EU Green Week and will take place on 23 May 2019, from 09.00 to 11.30 at the European Economic and Social Committee, Room TRE7701, Rue de Trèves 74, Brussels. 

CECIMO appreciates the approval of a new product nomenclature standard for additive manufacturing machines

CECIMO appreciates the approval of a new product nomenclature standard for additive manufacturing machines

CECIMO, the European Association for the additive manufacturing (AM) sector, welcomes the introduction of a new classification provision for AM machines in the product nomenclature, used by more than 200 countries.

UMATI specification for EMO showcase

UMATI specification for EMO showcase

UMATI, universal machine tool interface, has chalked up further major successes on its way to becoming an internationally recognised standard interface for machine tool communication with higher-level IT systems. "Our newly founded OPC UA Joint Working Group (JWG) started work in mid-February, and we have also succeeded in encouraging two other well-known control manufacturers to come on board: B&R Automation from Austria and Mitsubishi Electric from Japan," said Dr.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

Profitability of UK Companies, 4th Quarter of 2018:  The latest data on profitability from the Office for National Statistics (ONS) shows that the net rate of return for manufacturing companies fell to 14.3%, down by 0.9 percentage points from the revised figures of 15.2% in the previous quarter.  This is still well above the long-run average for this measure in the time series that goes back to 1997