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.
This is information of interest for those members who sell machinery to Spanish companies.
CECIMO - the European grouping of associations for machine tool manufacturers - has published its Economic & Statistical Toolbox covering the 2nd quarter of 2021. The information which broadly goes to the end of the 2nd quarter is spread across 6 themes covering historical data for the sector, demand, investment, business climate, general indicators and, new from this edition, related sectors.
The Purchasing Managers’ Index (PMI) for manufacturing in the UK fell back in the latest reading but at 57.1 it is still indicting a significant expansion in activity in the sector. However, there are some notes of concern in that both output and new orders increased at the slowest pace since February and supply chains delays along with shortages of both materials and labour also contributed to this trend.
The new UK National Security & Investment Act 2021 comes into effect fully from 4 January 2022. The Act gives the government powers to scrutinise and intervene in acquisitions that may pose national security risks. It also provides businesses and investors with predictable, legally defined timelines and processes for decisions on acquisitions.
UK Export Finance has published a climate strategy for 2021-2024, as it increases its focus on projects that advance net zero
All businesses, including intermediary bodies and training providers, can now review funding pledges from levy paying businesses – spread the word!
With only a month to go before INDEX™20 opens its doors for the first time since 2017, around 750 exhibitors have confirmed their presence.
MTA Associate Member Conexiom, have, this week, introduced The Conexiom Platform, the next generation of their cloud-based automation technology.
A one-hour webinar: “How to improve your green credentials and positively impact your bottom line” is being run on October 7th, aimed at engineering and manufacturing firms. It is being delivered by BCR Associates and will include an example from Alan Rance, managing director of Midas Pattern Co.