How is the West Midlands manufacturing sector performing?
The state of the UK manufacturing industry has been turbulent over the past few years due to the international economic downturn. Many firms in the West Midlands are still feeling the resulting uncertainty.
However, some businesses are emerging from the recession stronger than ever, thanks to overseas demand for British-made goods, and the growing automotive and aerospace sectors. Jaguar Land Rover is a case in point, having made recent huge investments in new products and vast facilities.
Due to our region’s proven track record in advanced manufacturing and its perceived resilience to fluctuations in international markets, the UK government plans for the West Midlands to become the UK’s ‘engine room for growth’ and contribute greatly to our national economy.
How confident are our manufacturers in seeing this happen? Exploring this issue, TheBusinessDesk and law firm Squire Patton Boggs have launched the ‘Midlands Manufacturing Review 2015’, addressing skills, the supply chain, EU membership, energy, reshoring and access to finance.
You can download the full report from TheBusinessDesk.com.
[Welder and sparks image courtesy of koko-tewan.]