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Manufacturing at its strongest since 1995, says CBI

As retail sales continue to stagnate, the manufacturing industry is at its strongest for nearly two decades, according to new statistics released by the CBI.

The Industrial Trends Survey from the CBI shows that order books and the increase in growth in the last quarter are at their strongest since 1995. The CBI says that this shows the recovery of the manufacturing industry is “accelerating”.

350 manufacturers took part in the CBI survey, which also revealed good news for exports with export order books looking strong and orders being above average.

In more good news, manufacturing output growth showed a steady increase in the last three months, according to the CBI. The only sector of the manufacturing industry to still be struggling is the electrical engineering sector. But otherwise the survey shows positive news for UK manufactures both large and small.

Manufacturers say that they expect to continue to witness strong growth throughout the rest of 2013 and into 2014 – perhaps a sign that the recovery really is gathering strength.

Commenting on the findings, Stephen Gifford, CBI Director of Economics, said that the results were encouraging and that “Manufacturers finally seem to be feeling the benefit of growing confidence and spending within the UK and globally.”

Gifford went on to add a word of caution by explaining that UK exports were still vulnerable and that businesses needed support from government to enable them to enter the high-export growth markets.

In yet more good news for the UK manufacturing industry, another study recently released by the CBI showed that UK manufacturers were becoming increasingly optimistic due the steady growth the sector has experienced.

In the survey, 32% of manufacturing businesses interviewed said that they were now more optimistic than they were in the last quarter. 30% of UK businesses had experienced an increase in orders; domestic orders had also seen a surge and were at their highest since 201. Unlike some other sectors, the manufacturing industry had also managed to escape the pressure from ever-rising inflation.

The findings from the CBI are good news for the UK. A strong manufacturing industry is vital to any economy and these latest surveys show that the UK has a lot to be positive about. The manufacturing sector expects the positive trend to continue as the economy continues its fight back from an on-going recession and tough economic times.

First ever Valve Industry Forum Declared a Success

The first ever Valve industry forum and expo has got off to a successful start in Russia. The first-of-its-kind forum was held at the Okolniki Exhibition and Convention Center in Moscow in November.

Such was the success of the first forum that another one is already being planned for next year. The second forum is scheduled to begin on 14th April next year and will run through until the 16th April 2014.

The main focus of the forum was the Business Programme, the first of its kind in this industry sector. The Business Programme is being considered a huge success in itself as it attracted more than 800 delegates.

37 different organisations gathered at the expo. Each organisation had its own stand with the aim of increasing its profile and reaching out to make more business contacts and growing their businesses.

The Scientific and Industrial Valve Manufacturing Association and Industrial Forum planned and organised the event; the Forum received support from organisations in the United States and Europe. Among the organisations that supported the event was the American Society for Testing and Materials International.

Also at the event was the Chamber of Commerce and Industry of the Russian Federation

The success of the Forum comes ahead of the 9th Biennial Valve World Expo that is due to be held in Dusseldorf, Germany in 2014. The Expo gives a platform for companies to highlight their innovative products and also encourages manufacturers to create sustainable solutions. The next Expo will be held at the Dusseldorf Fairground; the target industries for the event include the oil and gas industry, mining, aerospace, biotechnology and the automotive industry.

Ahead of next year’s Expo, an online showroom has already been made available online so that those intending to go to the event can see the industry leaders that the Expo has already attracted. So far more than 200 companies have signed up for the fair in preparation to show all that is new and innovative in the industry.

Businesses attending the Expo find that it is vital to the growth of their business, helping them to attract new partnerships or tapping into the trade fair’s contact book, which is made freely available to companies in attendance at the industry Expo.

Tickets are already available online for the industry fair, which will be held in the summer of next year.

Tamo shows it’s cryogenic valve range

Tamo shows it’s cryogenic valve range of at Cluster day 2013 held at Rutherford Appleton Laboratories on the 26th of September 2013.

The Cluster Day has established itself as the best gathering of the cryogenic community in the UK calendar

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