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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 say a big thank you to everyone who attended the MTA’s Annual Dinner last night in London. As always it was great to see so many members together celebrating our industry and looking forward to the future with optimism. Find out more on the event in the story below.

The MTA launched TECH 4.0 – a new project-based work experience programme involving 48 students from schools across country. Supported by mentors from FANUC and the AMRC in Sheffield, the schools involved will spend the next 8 weeks researching technologies involved in Automation, Robotics and Smart Factories, more information is available within the Brief.

We would also like to take this opportunity to remind you that the MTA Business survey is now open, you can take part in it by following this link www.mta.org.uk/mta-business-survey-jan20 and we look forward to receiving your responses.

The Digital Catapult is looking for established UK and Germany based start-ups to pitch pioneering artificial intelligence (AI) and distributed ledger technology (DLT) solutions to address core international challenges for the industrial manufacturing sector, with the opportunity to pitch to two corporate challenge owners, Siemens Plc UK and CHEP Europe. Details on how to get involved are contained in the story.

Are you a decision maker who wants to learn more about circular economy? Then the below HSSMI Bootcamp is for you. Their subject matter experts in circular economy will explain how circular economy principles can be applied in complex environments, aiming to make your business more profitable, innovative, and environmentally sustainable.

Magnomatics has teamed up with the University of Sheffield AMRC to drive big productivity improvements in offshore renewable energy generation using smart robotics and automation. Full details within the Brief.

The general economic picture is one of modest improvements while the overall picture remains, with some notable exceptions, generally weak.  The UK manufacturing PMI registered exactly on the border figure of 50.0, its best level for 9 months and while the Euro-zone was better than for some time, the overall figure is still well below this level, thanks mainly to Germany.  The picture elsewhere in Europe remains mixed with some up and others down, some above 50 and others still negative, a situation also shared with the Asian and American continents - overall, India (55.3) had the highest PMI reading, while the Czech Republic (45.2) and Germany (45.3) had the lowest.  This data came before the outbreak of the Corona Virus and the impact of this globally will be a point of particular interest when we get the February data.

The other economic news this week is limited to the first estimate of GDP in Europe for the final quarter of the year which showed a slower pace than in the 3rd quarter.  Overall, 2019 saw growth of +1.2% for the Euro-zone and +1.4% for the EU28.  We also note the availability of the latest edition of the CECIMO Toolbox and the data book for the Contract Price Adjustment Service that we subscribe to on behalf of members – please see the story below for details of how to access these resources.

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.

HSSMI Circular Economy Bootcamp

HSSMI Circular Economy Bootcamp

Are you a decision maker who wants to learn more about circular economy?

Then this HSSMI Bootcamp is for you. Our subject matter experts in circular economy

will explain how circular economy principles can be applied in complex

environments, aiming to make your business more profitable, innovative, and

environmentally sustainable.

Circular economy in complex and high-risk environments

Offshore wind support blows in for Sheffield

Offshore wind support blows in for Sheffield

Magnomatics has teamed up with the University of Sheffield AMRC to drive big productivity improvements in offshore renewable energy generation using smart robotics and automation.

The market leading magnetic gear manufacturer has won funding from a key offshore wind supply chain support programme to help solve the challenge of robotic placement of large rotor magnets on wind turbines.

MTA President says “UK Manufacturing providers should embrace their role as ‘champions of productivity’

Thursday night (6th February) saw the Manufacturing Technologies Association’s (MTA) Annual Dinner take place at the at the Royal Lancaster Hotel, London. Always a popular event for manufacturing technology providers, over 400 guests got together to discuss the future and celebrate success. 

MTA President and Director of Yamazaki Mazak, Marcus Burton MBE, used his keynote speech to address some of the hot topics affecting the UK manufacturing sector: Brexit and future trade, climate change, how MTA members are ‘champions of productivity’ and of course MACH 2020.

MTA Business Survey

MTA Business Survey

The MTA Business Survey for January was launched at the start of the week and we have already had a good number of replies.  However, as always with surveys, the more the merrier, so we would encourage as many MTA members as possible to participate in our industry overview survey.  The on-line form available at www.mta.org.uk/mta-business-survey-jan20 and we look forward to receiving your responses.

PURCHASING MANAGERS’ INDEX

PURCHASING MANAGERS’ INDEX

The first reading of the manufacturing Purchasing Managers Index (PMI) for 2020 showed an improvement in the UK which recorded exactly 50;  this is right on the border between expansion and contraction and the first time is has not been negative since April 2019.  The news release from IHS Markit (who compile the PMI data) suggests that this stabilisation comes as political uncertainty has eased following the General Election.  There was a mild recovery in new orders, although new export business levels fell for the 3rd month running.  There is some concern in that while output o

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

European GDP, 4th Quarter 2019:  The preliminary flash estimate from Eurostat puts quarter-on-quarter growth at +0.1% for both the Euro-zone and the EU28 (the UK was still a member then!) in the final period of 2019.  This marks a slowdown compared to the growth rate of +0.3% for both regions between the 2nd and 3rd quarters.

This also gives us the first estimate for 2019 as a whole - this shows GDP growth of +1.2% for the Euro-zone and +1.4% for the EU28.

MTA Launches TECH 4.0

MTA Launches TECH 4.0

The MTA launched TECH 4.0 – a new project based work experience programme involving 48 students from schools across country, at an event hosted by FANUC in Coventry this week.

Supported by mentors from FANUC and the AMRC in Sheffield, the schools involved will spend the next 8 weeks researching technologies involved in Automation, Robotics and Smart Factories and selecting the solutions they feel are appropriate to solve real manufacturing problems.

Open-Call: UK-Germany Digital Catapult Global Challenge: Applying AI and DLT to industrial challenges - pitch to Siemens and CHEP Europe

Open-Call: UK-Germany Digital Catapult Global Challenge: Applying AI and DLT to industrial challenges - pitch to Siemens and CHEP Europe

The Digital Catapult is looking for established UK and Germany based startups to pitch pioneering artificial intelligence (AI) and distributed ledger technology (DLT) solutions to address core international challenges for the industrial manufacturing sector, with the opportunity to pitch to two corporate challenge owners, Siemens Plc UK and CHEP Europe.