More good news - a new survey of 367 manufacturers shows growth in orders it at its highest rate since 2011.
Stephen Gifford, CBI Director of Economics, says that although confidence is building in the sector, now is not the time to take the foot off the gas: “There are still risks ahead and our manufacturers need help to break into high-growth markets.”
Luckily, Herts Chamber is responding to Mr Gifford’s last point - it is launching a brand new Engineering & Manufacturing Network next week, an initiative built on collaboration and innovation. More specifically, the network sets out with six objectives, to:
1. Support both local supply chains and international trade
2. Share best practice between larger organisations and SMEs
3. Set-up fact finding site tours
4. Accelerate knowledge-transfer by providing academia links
5. Address skills shortages through a local education programme
6. Raise the profile of the engineering & manufacturing scene
A better connected manufacturing industry in Hertfordshire will boost growth further, and it is the Chamber’s mission to ensure these connections happen. Neville Reyner CBE, Chairman of environmental charity Groundwork, will host the network’s first event, an opportunity for people to input their ideas on how the network can progress.
Join this free event next Tuesday