<< home

Bell Pottinger North - Client News
Monday, March 06, 2006

The manufacturing sector nationally looks set for a period of growth over the coming two years according to the first quarter RSM Robson Rhodes/EEF engineering outlook survey.

Toby Wilson, head of the manufacturing and technology group of RSM Robson Rhodes’ Manchester office, commented: “It is heartening to see that the sector seems to have turned the corner and pessimism has been replaced by optimism. 

“Domestic orders whilst up over the past three months, lagged behind exports which saw increased business with Europe, mainly because of a reviving German economy. An upturn in output and orders is anticipated over the next quarter. 

“More companies are planning to invest over the coming 12 months - a clear sign of increased optimism in the sector going forward. However, downward pressures on margins remain with most sectors still experiencing cost increases which cannot be reflected in increased selling prices, he said.”

Nationally growth is concentrated in the higher technology areas with electronics and other transport equipment the best performing sectors. 

Concludes Wilson: “Those Manchester manufacturers that have re-engineered themselves - through a combination of lean manufacturing techniques and embracing technology - should continue to prosper within the global marketplace. One of the key factors in maintaining a healthy business is commitment to R & D and ongoing investment throughout the company.”

Key report findings:


For further information please contact Toby Wilson at RSM Robson Rhodes on 0161 455 3329 or Joanne Fletcher-Wall at Bell Pottinger North on 01625 506425.


This feed contains news releases issued by the clients of Bell Pottinger North


Subscribe with Bloglines
Archived News
January 2005
February 2005
March 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007