Manufacturers increasing the pace of production

UK manufacturers increased their pace of production, while sterling’s depreciation continues to fuel expectations of output price inflation, according to the CBI.

The CBI’s latest survey of 482 manufacturers found that total order books were at a 20-month high, while export order books softened for a second successive month but remained above historical norms.

Growth in output was the highest since mid-2014 and was broad-based. Just 4 of the 18 sectors reported a fall in production, with mechanical engineering and the aerospace sectors the main drivers of the improvement. Expectations for production growth in the first quarter of 2017 remain solid. Read more ›

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Pontefract business to transform Guisborough foundry in £3.5 deal

Construction firm Harris CM has landed a contract to deliver the retail phase of a £24m mixed-use development in the North East of England.

The £3.5m contract will see the Pontefract-based company build three retail units and two workshops totalling 59,700 sq ft on the former ESCO foundry on Rectory Lane in Guisborough.

Built for Ryedale Estates, the project marks the first stage of the Cleveland Gate development and was designed by Guisborough-based consultancy Stringer and Jones.

Read more ›

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£60 million boost to strengthen UK manufacturing base

 

Six new £10 million research hubs that will explore and improve new manufacturing techniques across fields such as targeted biological medicines, 3D printing and composite materials have been announced by Universities and Science Minister Jo Johnson. The National Physical Laboratory (NPL) is providing support to three of the new hubs, through the main Teddington site and two of its regional bases in Huddersfield and Strathclyde. Read more ›

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Manufacturers making 4IR progress, but report warns against complacency

Manufacturers making 4IR progress, but report warns against complacency.

The UK is off the starting blocks in the race to prepare for the 4th industrial revolution (4IR), with over four in ten manufacturers (42%) now saying they have a good handle on what 4IR will entail, according to a new report from EEF, the manufacturers’ organisation. Read more ›

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Watch Full Movie The Founder (2016)

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Quality : HD
Title : The Founder.
Director : John Lee Hancock
Release : November 24, 2016
Language : en.
Runtime : 115 min
Genre : Drama, History.

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‘The Founder’ is a movie genre Drama, History, was released in November 24, 2016. John Lee Hancock was directed this movie and starring by Michael Keaton. This movie tell story about The true story of how Ray Kroc, a salesman from Illinois, met Mac and Dick McDonald, who were running a burger operation in 1950s Southern California. Kroc was impressed by the brothers’ speedy system of making the food and saw franchise potential. He maneuvered himself into a position to be able to pull the company from the brothers and create a billion-dollar empire.

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NYSE-listed company buys local label manufacturer

AJS Labels, a manufacturer and supplier of self-adhesive labels and stickers, has been acquired by New York Stock Exchange-listed Multi Packaging Solutions (MPS).

Established more than 40 years ago, AJS specialises in the production and supply of self-adhesive labels for a variety of markets including confectionary, health & beauty and personal care products. The business supplies a range of customers including The Body Shop, Nestle, Morrisons, Tesco, Nature’s Way Foods and Twentieth Century Fox. Read more ›

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Exporting to the USA

Exporting to the USA Tickets, Wed, 7 Dec 2016 at 08:00 | Eventbrite

*DOES YOUR PRODUCT OR SERVICE HAVE INTERNATIONAL POTENTIAL?
*IS YOUR BUSINESS READY TO EXPORT TO THE UNITED STATES?

If so, Exportis can help your business identify the right business partner in the United States to promote your product or service.

The International Partner Search (IPS) seminar is aimed at all UK businesses looking to establish a foothold in the United States, the world’s largest single market.

The IPS provides the quickest and most cost-effective route to the US export market.

The event will provide you with a detailed overview of the IPS service and the benefits of exporting and exploring new markets.

The event is hosted by Exportis.  Additional guest speakers to provide vital information and support on the following subjects:

Price Waterhouse Coopers – International Taxation and Human Resources
Santander International Banking
Industry Expert – Freight Forwarding and Logistics

Exporting to the USA Tickets, Wed, 7 Dec 2016 at 08:00 | Eventbrite

Date and Time
Wed 7 December 2016
08:00 – 10:30 GMT
Add to Calendar
Location
East Durham College
Willerby Grove
Peterlee
SR8 2RN

Booking : Click here

Posted in Electronics

NPL SME Manufacturer Measurement Network

On 18th October NPL North of England launched it’s SME Manufacturer Measurement Network at an evening event in the 3M Buckley Innovation Centre in Huddersfield.

The network has been created to help smaller businesses to obtain support from NPL to help their businesses to improve manufacturing capability, reduce scrap and become more profitable. There are two membership levels, with Tier 1 membership being free and offering a range of support services.

NPL North of England specialises in dimensional metrology in support of the enormous number of manufacturing businesses in the region. In particular, the region is dominated by SME manufacturers, many of which who are facing challenging times due to a number of factors including the demise of the oil and gas industry and up until recently, the problem of cheap imports. NPL are trying to help these businesses to utilise good metrology to improve their processes – reduce waste, produce better quality parts more consistently, and consequently become more competitive.

More details can be found here: http://www.npl.co.uk/upload/pdf/npl-sme-manufacturer-measurement-network-application.pdf

Posted in Electronics

Manufacturer makes six-figure investment in Normanton site

Manufacturer makes six-figure investment in Normanton site

AN insulated panel manufacturer has invested six-figures in a new manufacturing plant in Normanton. SIPBuild UK created three jobs with the expansion after a record year and growing demand.

The contractor, which manufactures and constructs buildings made from Structural Insulated Panels has opened a 11,500 sq ft manufacturing plant at Normanton Industrial Estate.

Managing director of SIPBuild UK, Chris Duckworth said: “The ever increasing demand for off-site manufactured systems has completely transformed the construction landscape.

“Over the last six months we’ve doubled our production of SIPs and secured significant contract wins – a trend which sees no sign of slowing.

“The investment we’re making in our newest manufacturing plant and the creation of a number of new roles underpins our ambitions for further growth.”

Posted in Electronics

Exports rise as manufacturers benefit from weaker pound


MANUFACTURING output and orders grew over the last quarter with export volumes growth the strongest for two and half years.

According to the latest quarterly CBI Industrial Trends Survey of 459 manufacturers, competitiveness in EU markets rose at the fastest pace since the series began in 2000, with competitiveness outside the bloc also improving at the quickest rate since 2009.

Domestic demand grew modestly, while export orders rose for the first time in over a year. The outlook for demand over the next three months is generally positive, the CBI says, with export orders expected to rise further, along with more modest growth in domestic orders.

But concerns persist about the availability of skilled labour, with almost a quarter of respondents observing that skilled labour availability could limit output over the next few months.

Optimism about the business situation fell slightly again following last quarter’s sharp decline. And numbers employed fell slightly for the first time since 2010 and look set to fall faster over the quarter ahead. But investment intentions improved following the decline last quarter, and investment plans for the year ahead are now more firmly above their long-run averages.

Following sterling’s sharp depreciation, unit costs rose at their fastest pace in three years, and are expected to continue growing at above their long-term average over the quarter ahead. This was accompanied by modest domestic price inflation, as manufacturers sought to pass on some of the cost increase to their customers.

Despite welcome signs of improved export demand and competitiveness, the majority of exporting manufacturing firms have said that the fall in the pound since June has had a negative impact on their business. In a supplementary question asked alongside this month’s survey, 47% of manufacturing firms cited sterling’s depreciation as having a negative impact, against 32% citing a positive impact.

Rain Newton-Smith, CBI chief economist, said: “Manufacturers’ are optimistic about export prospects and export orders are growing, following the fall in Sterling.

“However, the weaker Pound is also feeding through to costs, which are rising briskly and may well spill over into higher consumer prices in the months ahead.

“Access to skills clearly remains a high priority, so manufacturers will be looking to the Government to implement a new migration system that meets the needs of business while responding to clearly-stated public concerns. Maintaining a preferential route between the UK and the EU, our largest trading partner, will be important.

“Meanwhile, firms will be seeking further details on a long-term, industrial strategy from the Autumn Statement that combines sectors and places.
“Ultimately, all businesses need greater clarity from the Government on the fundamental issues of skills and barrier-free access to EU markets as soon as possible.”

Key findings – past quarter:
·    Export orders rose to +8%, the highest balance since April 2014 (+16%).
·    27% of firms said the volume of output over the past three months was up and 18% said it was down, giving a balance of +9%.
·    29% of businesses reported an increase in total orders, and 20% a decrease, giving a balance of +9%.
·    23% of manufacturers said employment numbers were up, and 28% said they were down, giving a rounded balance of -5%: above the long run average (-9%) but the lowest since April 2010 (-12).
·    20% of firms said they were more optimistic about the general business situation than three months ago, but 28% said they were less optimistic, giving a balance of -8%, an improvement on the previous quarter (-47%). Optimism about export prospects for the year ahead also recovered, (+9%), the highest since April 2014 (+27%).
·    Competitiveness in the EU (+34%) improved at the fastest pace since the question was introduced in 2000. It also rose in non-EU markets (+17%), the highest since April 2009 (+19%).
·    Average domestic prices (+8%) remained above the long-run average (-3%) for a second consecutive quarter, while average export prices stayed flat (+1%).
·    Manufacturers’ investment intentions compared with the previous twelve months for product and process innovation rose from +13% in the previous quarter to +23%, and spending on training and retraining also continued to grow (+15%), at albeit at a marginally slower rate than the previous quarter (+16%). Spending intentions for plant and machinery (0%) and buildings (-10%) returned above their respective long-term average.
·    The number of firms citing political/economic conditions abroad as a constraint on export orders in the coming three months was +39%, down from the previous quarter’s 33 year high of +53%.
·    In a supplementary question asked alongside the October survey, 47% of manufacturers cited the depreciation in sterling since June as having had a negative impact on their business. 32% cited a positive impact and 19% said that the impact was neutral. 231 firms responded to this special question (see notes to editors)

Key findings – next quarter:
·         Total new orders are expected to grow (+12%), as are domestic orders, though at a slower pace (+4%).
·         A rounded balance of +17% expect export orders to rise (29% expect an increase, and 13% a fall).
·         27% of businesses anticipate a rise in output volumes, and 14% a fall, giving a balance of +13%.
·         13% expect employment to increase, and 29% expect it to decline, giving a rounded balance of -15% – the lowest

Original story from The Business Desk

Posted in Electronics