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£400m ‘go green’ funding for UK aerospace sector

The UK Government and industry has confirmed new aerospace research and development projects, supported by £400 million public and private sector funding projects. These include developing high-performance engines, new wing designs and ultra-lightweight materials to reduce fuel consumption.

Global metal cutting tools market analysis

Technavio has been monitoring the global metal cutting tools market which, it says, is poised to grow by US$ 10.24 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. Its latest report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

A longer-tailed recovery

On the eve of the six-month anniversary of the UK entering a nationwide lockdown, optimism among UK manufacturers and engineers for a speedy return to ‘normal’ was dissipating, according to research carried out by Subcon, the UK’s subcontract manufacturing supply chain show.

A global production language

Image caption: Hartmut Rauen, Deputy Executive Director, VDMA.

The publication of a new ‘OPC UA for Machinery’ specification moves the manufacturing industry closer to the goal of a global ‘production language’ for machine tools.

EuroBLECH Digital Innovation Summit

Following the postponement of the EuroBLECH 26th International Sheet Metal Working Technology exhibition at the Hanover Exhibition Grounds to 9-12 March 2021, Mack Brooks Exhibitions has now launched the EuroBLECH Digital Innovation Summit, a virtual hub for the global sheet metal working industry. This will take place online from 27-30 October 2020.

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