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Industry Focus

Advanced Manufacturing is a dynamic, globalised, sector which is constantly evolving. Much of that evolution is as a consequence of technological change which is happening at a faster rate than ever before. Manufacturing Technology that change right across sectors and in companies of all sizes. The MTA exists to help its members transform the manufacturing world.

A £4m state-of the-art training hub was officially opened last week, with bosses urging other manufacturers to step forward to avoid a skills drain caused by the uncertainty of Brexit.

UK Manufacturing Output, 3rd Quarter 2017:  With publication of the September figures by the Office for National Statistics (ONS) we have the data for the 3rd quarter of the year and we will focus on this rather than the monthly trend.  Total manufacturing output grew by +1.1% compared to the previous quarter and was +2.8% higher than in the 3rd quarter of 2016.

We have updated the files on the MTA web-site with the presentations given by John Walker and Jeremy Leonard at our recent forecast seminar - these now include notes that were taken during their talks which give some more flavour around the slide, especially for those members who were not at the event.

The Arkwright Scholarships Trust has conducted its annual award of prestigious Scholarships to future leaders of the engineering profession. A record 413 sixth form Scholarships have been awarded this year at Ceremonies in London and Edinburgh.

This half day workshop will take place on 14th December, in Leamington Spa. The event offers practical guidance and advice for manufacturing businesses that are looking to growth by diversifying. It will cover what you need to know for Operational Fitness for Diversifying, what Quality Standards you will need to consider and what Marketing you will need to carry out to reach and engage with your target markets and audiences.

City and Financial Global is launching the UK Innovation Summit, which will take place in London on November 29th, 2017, in order to provide companies with a practical, actionable guide to improving their productivity through innovation. The objective is for delegates to take away practical ideas that they apply to improving innovation and productivity in their own organisations.   

CECIMO is running an EU project on barriers for the implementation of industrial AM, entitled AM-Motion.

Bank of England Monetary Policy Committee Inflation Report, November 2017: At its recent meeting, the Monetary Policy Committee voted 7-2 to increase the Bank Rate to 0.5%, reversing the reduction to 0.25% made in August 2016 in the immediate aftermath of the Brexit referendum.  However, the Committee voted unanimously to continue with the programme of corporate bond purchases up to £10 billion and to maintain the stock of UK government bond purchases, financed by the issuanc

The MTA Business Survey for October will be closing early next week, but there is still time to get your returns back to us if you have not done so already.  The on-line form at www.mta.org.uk/mta-business-survey-oct17 is still open - we would encourage all MTA members to participate in this survey which provides a quick over view of the market conditions for the manufacturing technology sector.

This week, the EURIS Taskforce outlined the Six Principles of Success which are essential to the growth and expansion of the product supply industry, as well as the competitiveness of UK manufacturers after Brexit.

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