Slight increases in growth of domestic orders and exports in quarter one 2011 have relaxed the concerns of UK machine tool manufacturers.
The Manufacturing Technologies Association (MTA) has expressed quiet relief at the growth in its sector in the first quarter of this year. Contrary to other manufacturing sectors, domestic orders in the parts industry have outperformed exports, although this position is expected to be reversed over the coming quarter. Promisingly, the majority of machine tools manufacturers…
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