Because of national holidays in various places, the manufacturing Purchasing Managers’ Index (PMI) data has been published over most of this week; as a result, the Global PMI compiled by J P Morgan using the data from S&P Global was not complete when it was released on Monday showing a further fall to 52.2. This is the lowest figure since August 2020 with the downturn led by China as tighter Covid restriction there held back output.
The use of industrial digital technologies (IDTs) is gathering pace across the manufacturing sector – but what are the drivers of and the impediments to their adoption?
TJM Capital, a private equity investment firm focusing on lower and middle-market growth businesses has purchased the Machine Tool Solutions Division of the UK’s 600 Group. This acquisition includes Colchester Machine Tool Solutions, with offices in the UK, Germany, and Australia, and Clausing Industrial, Inc., headquartered in Michigan. “The Machine Tool Solutions Division is a perfect fit with our growth strategy,” according to TJM Chairman Tom McDonough.
Croner would like to invite you to attend our complimentary event exclusively for local association members at 2:00pm on Tuesday 28th June 2022.
Join our expert HR and health & safety speaker from Croner and learn how to simplify the toughest challenges of working in HR. Tackle nasty grievances and disciplinaries head-on, shield your business from the ugly and time-consuming tribunal claims, and boost productivity and efficiency.
Did you know that in 2020/21, 185 cases were successfully prosecuted - or referred to COPFS for prosecution in Scotland - by the Health and Safety Executive (HSE)?
Following the disruption of the last few years, there has never been a better time to make sure you’re getting Health & Safety right in your business.
Please be advised that a New Work Item Proposal has been loaded to the BSI Standards Development Portal for comment. We hope this will assist in increasing awareness of the Standards Development Portfolio.
Any comments received will be submitted to AMT/008 Additive manufacturing, for consideration when deciding the UK response to ISO.
CBI Industrial Trends Survey, April 2022: The results from the latest CBI Industrial Trends Survey (ITS) concluded that there has been a slowing in the rate of growth of output over the past 3 months but it remains above the long-run average level. Output grew in 12 of the 17 industries in the ITS with the largest positive contribution coming from the transport equipment group that includes the automotive industry.
Measurement Strategy – What to do with measurement data to help inform your business decisions?
Your products, services and capabilities could create great opportunities in aerospace and adjacent advanced engineering or manufacturing markets. If you are an SME in the Midlands looking to innovate, enhance productivity, diversify or grow in aerospace or beyond, help is on hand.