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.
The latest edition of the CECIMO Toolbox draws together a wide range of data about and around the machine tool industry and sets it out in a way that guides the reader to find what they are looking for quickly. The five sections cover historical data, demand, investment, the business climate and general indicators.
European GDP, 2nd Quarter 2019: The preliminary flash estimate of European GDP from Eurostat shows growth of +0.2% compared to the 1st quarter for both the Euro-zone and the EU28. This is about half the pace of growth at the start of 2019 and, in the case of the EU28, is the slowest since 2012 and matches the slow growth that was seen in the Euro-zone in the 2nd half of 2018.
The Purchasing Managers Index (PMI) data for the UK manufacturing sector continues to paint a negative picture with the overall index stuck at a 6½ year low of 48.0. There is an element of this comparison that actually highlights what has been a relatively good period for manufacturing, but there is no pretending that the continued fall in new orders, output and employment are anything but bad news. Production levels fell at their fastest pace in 7 years as companies react to lower orders...
RPA (Robotics Process Automation) is a software-based technology used to automate business processes, analyse the data and interact with other digital systems. It can play a role across all core supply chain processes (planning, procurement, manufacturing and logistics).
With the likelihood of no deal increasing, the CBI has backed up government efforts to help prepare for a no deal exit by publishing practical steps the UK, EU and businesses can take to reduce the worst effects.
New ideas, new technologies, new processes: start-ups in the technology sector have a lot to offer. Contrary to public perception, half of all companies in the sector are already taking a keen interest in the start-up scene, and more are set to follow. Established industrial companies in the mechanical and plant engineering sector have long since recognised this and it therefore comes as no surprise to discover their steadily growing involvement in this area.
CBI Industrial Trends Survey, July 2019: The latest results from the CBI survey have turned negative for the first time in quite a while with manufacturing output in the latest 3 months falling for the first time since March 2016. It is worth noting that although they quote “the 3 months to July”, given that the data collection period was 25th June to 15th July, this is, effectively, the 2nd quarter of the calendar year.
MTA members Renishaw have awarded £10,000 of prize money to six local schools who won its Super Science competition, held in collaboration with the Bristol Post and BristolLive. The winners are using their prize money to purchase resources and fund activities to support the science, technology, engineering and maths (STEM) curriculum to get pupils excited about these subject areas.
UK manufacturers wanting to adopt the latest digital technologies will be able to bid for a new £30 million R&D competition.
Each year, more than 130 Universities from around the world descend on Silverstone to compete in the UK leg of the Formula Student competition.
Divided into 4 classes to include petrol and electric vehicles, Formula Student is a design and build competition to take a blank sheet of paper and build a functioning car from scratch. You even have to present a business plan as part of the competition.