Star lathe is a fantastic piece of kit

The company was recently awarded a two-year contract by a customer in the construction industry to p
Read More

18/05/2012

The Samsung’s Weight and Tool Size Won it for Dugard

In November 2011, the company made their first Dugard purchase, a Samsung PL45MC CNC lathe
Read More

18/05/2012

Medical device manufacturer invests in new Doosan high-performance turning centre

The machine – a Puma 2600Y – was installed at the company’s purpose-built manufacturing facility in
Read More

17/05/2012

Dugard ECOs ideal for Steel, U Drilling, Hogging and Profiling

Whitcher CNC Limited was founded by Peter Whitcher in 2008, just at the start of the recession
Read More

It's an encouraging recovery for Manufacturing during quarter two

Story added 29 July 2010.

MORE NEWS

According to the Confederation of British Industry, Manufacturing has experienced an encouraging recovery in quarter two of 2010 thus meaning the UK could well avoid a double dip recession. However, the CBI warned that the growth of manufacturing is expected to be slower in the coming quarter.

Exports continue to lead the recovery during Quarter 2 with a +18% order balance. However, orders within these shores, previously flat in most indicator surveys, now appear to be picking up too with a balance of +10%.

It has also been reported that employment was stable during this last quarter and early indication lead us to believe this will be repeated in the next quarter.

“With demand for UK-made goods at home and abroad having strengthened, manufacturing production really stepped up a gear during the past three months. Output was also boosted by firms taking action to rebuild stocks.

“Looking ahead, production is expected to rise further, but at a more moderate rate. In our view the risk of a double-dip recession remains low and the fortunes of the manufacturing sector are continuing to slowly and steadily improve.” commented Ian McCafferty, the CBI’s Chief Economic Adviser.

GO BACK