Good morning and welcome to this week’s Friday Brief.
I’m sure it has been a busy week for many of our members with EMO 2019 taking place in Hannover. The MTA were out in force, supporting our members and representing your interests on the international stage. We’ll have a full report from the show in next week’s edition.
Last week saw a joint video published on Autosport International’s YouTube channel featuring the MTA and our members Wolverhampton University. The video is to encourage more people into careers in engineering and focuses on the power of our members’ technology, by highlighting the students who run the UWR F3 racing team. The clip has been received well and clocked up over 10,000 views in the first day alone. We’d encourage you to watch it and share within your network and help us promote the opportunities that are available within our industry. View it here - https://www.youtube.com/watch?v=Thy2ed5okpw.
The MTA Forecast Seminar this year will be on Thursday 17 October. You can register for the event, which this year is being held at Yamazaki Mazak in Worcester, via the MTA website at https://www.mta.org.uk/event/forecast-seminar-2019 - we look forward to seeing you there.
The MTA has recently updated our Standards booklet. The booklet highlights the technical committees at BSI that the MTA technical team attend and the standards that are under development within each of those committees. See the story below for more details.
DIT have asked us to flag some events that may be of interest to our members, one on Brexit Readiness and the other about their Gulf Roadshow, see within the Brief for more details on these.
MTA members Hexagon are hosting an event to focus on future manufacturing trends and SMART factories. HxGN LOCAL Smart Manufacturing UK is a two-day event at The Belfry Hotel and Resort near Birmingham, to be held on the 1-2 October 2019. Check out the story below to find out how you can attend.
Going back to Wolverhampton Uni and their racing team one of their engineering students has helped design a unique exhaust component for a prestigious sports car.
Staying with education, MTA members Renishaw have partnered with the Cardiff Blues Community Foundation to deliver a successful eight-week pilot programme as part of a three-year partnership to raise the aspirations of local year 8 and 9 students. After the Raising Aspirations programme, where students participated in workshops and visited Renishaw attendees greatly increased their perception of their abilities in categories such as teamwork, communication and goal setting.
Next week we will have the roundup of economic data that has been exchanged this week during EMO, but for now, the July numbers for the US market continue to show orders for new machinery weakening, although it is worth remembering that 2018 was a record year and the 2019 levels are still good by historical standards; the cutting tool market in the USA is still growing slowly at a high level. We also have a look at the breakdown of UK exports/imports of manufactured goods analysed by industry for the 2nd quarter of 2019; these generally show a fall compared to the 1st period of the year, although at a similar level to a year ago, with the 4-quarter rolling trend still growing.
That’s all for this week, thanks for reading, we’ll be back next Friday with more industry news and views, until then have a great weekend from everyone at the MTA.