logo new

Improved manufacturing performance in last quarter

Manufacturing growth ended on a high in 2014, according to the latest figures from the British Chamber of Commerce; statistics from the Quarterly Economic Survey were positive news for the manufacturing industry following a period of slow growth in the sector.

Nearly 7,000 companies were interviewed for the survey and the results showed a marked increase in growth for the last quarter in 2014. Analysts say that the strong performance of the last quarter is a good sign of continued economic growth throughout 2015, however, this will only be possible if U.K businesses get the support that they need from the government.

Strong Growth and Job Creation

The figures from the Chamber of Commerce show strong growth all round with an increase in domestic and turnover confidence. Export sales were also on the increase, however, they were still slow. According to the statistics, there was an increase in the number of firms investing in training in the last quarter of 2014, and an increased amount of manufacturing firms are now operating at full capacity. The figures are also good news for future job creation as many companies indicated that they intend to recruit new staff members and were actively searching for new employees.

Commenting in a press release, John Longworth, Director General of the British Chamber of Commerce said:

“British businesses are well placed to grow in 2015 – a testament to their hard-work and resilience. It is particularly pleasing to see the manufacturing sector bounce back, despite signs of a slowdown in recent months. However we must aim for growth that is sustainable for the long-term, rather than settle for second best.”

“With employment and investment intentions at historically high levels, businesses are gearing up for a big year in 2015. It is now vitally important that firms are able to convert their growth ambitions into reality. Strengthening our business finance system, which constrains the growth aspirations of too many firms, will remain a decisive factor in securing a sustainable recovery. Low interest rates and reduced regulation will also go a long way to creating an environment that encourages enterprise and wealth creation.”

Economic Recovery

Despite the positive news, Longworth also added that the U.K. economic recovery still faced many challenges, and while businesses are “bouncing back” he warned that the economic recovery might face a set back “if political point scoring outweighs sound economic policies” Longworth also urged politicians from all parties to outline what they will do to make sure that business investment and growth continues over the long term.

Throttle Master NEEDLE VALVES

Throttle Master-2

Precise Flow Control with Fine

The Throttle Master valve with No elastomers (o-rings), metals or lubricants is ideal for precise flow control with fine adjustment of corrosive and ultra pure fluids.

Now available with PTFE tipped needle for constant on / off applications giving longer service life. 

Valve World Expo celebrate success of 2014 event

Organisers of the Valve World Expo are celebrating the success of its most recent event. The third exhibition was held in Dusseldorf from the 2 - 4 December 2014; it attracted 665 exhibitors from around the world.

Valve World Expo provided an opportunity for manufacturers to reach new markets and demonstrate the latest technologies from the valve and fittings industry. Manufacturers had the opportunity to exhibit the latest in valves, valve components, parts, compressors and engineering services.

More than 12,000 visitors attended the event from 57 different countries. These figures are up nearly 20% on the last Expo, which was held in 2012. It attracted visitors from the UK, India, France and the Netherlands; the Asian and South American regions were also strongly represented.

Commenting on the success of the event, Messe Düsseldorf GmbH Managing Director Joachim Schäfer said it was:

“An excellent trade fair – not just because we yet again were able to significantly boost the number of exhibitors and space sold compared to prior events – we’ve further optimised the linkages between the expo and the conference. With marked visitor growth of about 19% to 12,500 trade fair guests, the Valve World Expo is emerging as an impressive factor in our portfolio of plant and machinery trade fairs”

The Valve World Expo was aimed at manufacturers from the petrochemical, chemical, food, oil and gas industries, and the pharmaceutical, medical and power plant technology sectors. The majority of visitors were executives, however, the event also attracted a lot of interest from manufacturers, distributors and end users of the valves and fittings.

Exhibitors at the event all responded positively to the latest Expo saying that it had enabled them to meet up with old customers and to establish links to new ones. Others said that the Expo enabled potential buyers to learn more about the products, and they were pleased about the networking opportunities the exhibition had given them.

As well as attending the Expo, visitors had the opportunity to attend a conference to discuss the latest innovations and new technologies in the valve industry. The conference covered many topics including control valves, the importance of maintenance, new designs and a presentation of some of the latest application solutions. More than 400 delegates were in attendance at the conference, which was integrated into the Expo for the first time.

The next event is scheduled for November to 29 2016; it will be the fourth bi-annual event.

We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of this site have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy.

  I accept cookies from this site.
EU Cookie Directive Module Information