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.
Our Business Survey for March was launched a couple of days ago. This would normally have been one of our longer quarterly surveys but we have dropped most of the extra questions because they are not relevant - we don’t need a survey to know that orders will be down in the coming quarter!
The MTA has been asked to circulate this tender opportunity to our members. A new tender opportunity with Solihull College and University Centre in the West Midlands for the provision of eight specialist engineering machines to include but not be limited to Traditional Industry standard machines and CNC machines including EDM machines and associated tooling to support teaching and learning outcomes in Engineering.
These times are going to be challenging for both business, and individuals working remotely, and so the NSC have produced a series of webinars to encourage professional development.
The team are planning a series of webinars on different subjects, all business/sales/marketing related, notably in Crisis Management Mode and Preparing for Change.
Many MTA members have rallied to the call to help produce the ventilators that are so desperately needed by the NHS, in particular assisting the Ventilator Challenge UK consortium. But there are other areas of medical technology which are short supply too. The Government has set up a portal which aims at meeting those needs. They need not just engineering and manufacturing capability but capabilities like logistics and warehousing to.
Last night saw the latest of a round of what, only a few weeks ago would have be considered extraordinary measures to support business. Two schemes aimed at companies already existed. One for large companies which centres around the Bank of England buying their debt and one for SMEs, the CBILS, of which more below.
Flash Purchasing Managers’ Index, March 2020: For the past few months, IHS Markit (compilers of the PMI data) have been publishing a flash indicator for the UK, Euro-zone and the USA. We have held off on reporting these while they settled down and we could assess the relevance to the final numbers which are published on the first working day of the following month. However, at a time when up-to-date information is vital, now seems like a good time to start noting these tre
Our friends at Oxford Economics (OE) have been busy updating their forecasts and over the next few weeks this will gradually be rolled out to their clients. Next week there will be some details of the implications for industries around the world and shortly after Easter we will have the new forecasts for the machine tool and (UK only) cutting tool markets. This week saw a presentation on the UK economy - this included a regional outlook which we have left in the slides (see below for how...
If you are involved in the production of parts for any emergency medical equipment that will help fight the virus they want to help. If you need a machine very quickly XYZ happy to loan you a NEW XYZ machine.
The Coronavirus Business Interruption Loan Scheme (CBILS) is a part of the support package aimed at enabling SMEs (turning over less than £45m) to access finance. It is based on the Enterprise Finance Guarantee and, like that scheme, are really aimed at companies that would not otherwise be able to secure commercial finance and as such will not be right for every company (or even the majority).
UK Trade in Goods by Industry, 4th Quarter 2019: The Office for National Statistics (ONS) has published an analysis of the data on trade in goods by industry for the 4th quarter of 2019; of course, this gives the full year figures and we will concentrate on that total in this report. However, before we do that, the quarterly data shows that exports from the 4 key industries that we track were practically the same as in the 3rd period of 201