The IHS Markit CIPS UK Manufacturing PMI® read 47.4 in August, down from 48.0 in July and at its lowest since July 2012. Output volumes fell as intake of new work contracted at the fastest pace for more than seven years. Business optimism also fell to a record low. Steep reductions in new orders were reported […]
The Fastener Mini-Expo on Wednesday 16th October is a unique opportunity to network with leading UK Manufacturing Technology & Services providers. Who should visit? Engineering, Production and General Management from UK fastener and precision component manufacturers are welcome. There is no entry cost – simply register online here to receive more information. Here’s a chance […]
CBM Associate Member, Carlo Salvi UK will be exhibiting at the CBM Fastener Manufacturing Technology & Services Mini-Expo on Wednesday 16th October.Carlo Salvi is a leading company in the production of header machines for cold and warm wire forming. The world’s best fasteners manufacturers apply Carlo Salvi products in multiple domains, including automotive, aerospace, industrial […]
The Society of Motor Manufacturers and Traders announced that UK car manufacturing fell by more than 20% in the first half of 2019. June marked the thirteenth month of negative growth. Six months’ production totalled 666,521 units compared with 834,573 in the same period 2018, a 20.1% reduction. Production for home consumption was down -16.4% […]
CBM’s very first Fastener Manufacturing Technologies & Services Mini-Expo on Wednesday 16th October at the National Metalforming Centre is attracting an excellent range of exhibitors. Enquire below if you would like to exhibit – but be quick, space is running out rapidly. You can also use our online booking link to apply as a visitor. […]
CBM is very pleased to announce that its next Fastener Sector Meeting will be held at the Advanced Manufacturing Research Centre, University of Sheffield, and will include a very special opportunity to tour AMRC’s Factory 2050. “F2050” truly is a state-of-the-art facility, dedicated to collaborative research into reconfigurable digitally-assisted assembly, component manufacturing and machining technologies. […]
The IHS Markit Eurozone Manufacturing PMI® read 46.5 for July, down from 47.6 in June, indicating a deepening contraction of activity. This is the sixth consecutive month the survey has returned a reading below the no-change 50 mark. Intermediate and investment goods sectors reported ongoing contractions, with the the deterioration in the latter the sharpest […]
UK manufacturing downturn continues but does not deepen The IHS Markit/CIPS UK manufacturing PMI® remained at a six-and-a-half year low reading of 48.0 in July. Production and new orders shrank as manufacturers faced the ongoing headwinds of political uncertainty, a global economic slowdown and the unwinding of stocks built prior to the original Brexit date. […]
CBI Economic Forecast The CBI’s economic forecast for July predicts UK GDP growth of1.4% in 2019, and 1.5% in 2020. A key driver is growth in household spending (expected to grow 1.7% in both 2019 and 2020) underpinned by improvement in real earnings. However, Brexit uncertainty continues to bite hard on business investment, which remains […]