Manufacturers invest in tools

Posted on 28 Jul 2010 by The Manufacturer

Orders for manufacturing equipment was up by 65 per cent in June, according to a survey by the Manufacturing Technologies Association (MTA) among its members.

The MTA said its biennial machine tools conference MACH, held on June 7-11 at the Birmingham NEC, may have been responsible for some of the growth but said even companies that didn’t exhibit there reported strong figures. The figures represent a return to growth after orders had slowed in May and April.

MTA director general Graham Dewhurst said: “These numbers are good news for manufacturing. Many companies reported a high number of enquiries and orders placed at MACH; these reports, coupled with the latest Flash Survey results are further evidence to indicate that the recovery of British manufacturing, while starting from the depths of a trough, is becoming established.”

The MTA said its survey also showed inquiry levels and confidence is also returning to the industry.