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Manufacturing industry news
News Release from: The Manufacturing Institute
Edited by the Manufacturingtalk Editorial
Team on 16 November 2004
Summit unveils key to manufacturing
success
More than 350 manufacturers from the UK's North West attended a summit in Bolton to gain practical insights into improving productivity from industry leaders, academia and trade unions.
The Manufacturing Summit was organised by The Manufacturing Institute, based in Manchester, whose chief executive Dr Julie Madigan warned that the manufacturing sector's ability to adapt and innovate would be critical to success in the future "The North West is the biggest manufacturing region in the UK in terms of employment, output and turnover
This article was originally published on Manufacturingtalk on 4 Feb 2005 at 8.00am (UK)
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Yet, manufacturers cannot compete on cost alone," she told the summit.
"Our manufacturers have only one choice if they are to meet these challenges head on, and that is to transform their activity to be more competitive, adding value through investment, skills and innovation." Dr Madigan outlined the help being provided in the region to build a sustainable manufacturing base through the GBP 18m programme 'An Agenda for Change' - supported by the Northwest Regional Development Agency - that will deliver productivity improvements of over GBP 100m in North West manufacturing by 2008.
A comprehensive range of new services, tailored to the needs of manufacturers, will be launched and includes more funding for longer project work with North West manufacturers to drive productivity, support for new product development and assistance in finding sources of funding for capital investment.
Among speakers at the summit were manufacturing leaders from 14 companies including British Nuclear Group, Dairy Crest, Rolls-Royce, Clark Door, Sun Microsystems and Flowcrete - who reviewed the successes they have achieved in delivering productivity improvements within their organisations.
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