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UK manufacturing M&A activity reportedly fell by more than 10% in 2023 amidst tough economic headwinds, but the sector is hopeful of a rebound in 2024 as manufacturers look to mergers and acquisitions to expedite their growth plans, according to accountancy and business advisory firm BDO.

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Make UK, one of the country’s leading business organisations, has announced it has partnered with Peoplesafe, a personal safety technology leader, to protect the manufacturing industry’s workers.

Rubis Terminal has become the latest company to join EEMUA, the international membership body for companies that own and operate industrial facilities or that are significant purchasers or users of engineering equipment and materials.

Pilz Automation Technology has announced it is continuing its series of free Machinery Safety webinars throughout 2024, with some new additions to the schedule.

The BCMPA says it  was delighted to host 24 of its members at the Contract Pack & Fulfilment (CP&F) zone at Packaging Innovations & Empack at the NEC as retailers, brand owners and entrepreneurs continued to seek the support of UK contract manufacturers, packers and eCommerce/fulfilment providers.

The Leeds Manufacturing Festival returns this month with an extended, year-round programme of events highlighting career opportunities for young people in the region’s manufacturing sector.

Vital Energi has announced it has signed a collaboration agreement with the University of Birmingham to develop and commercialise a range of innovative thermal storage solutions, which will help accelerate decarbonisation within the heating and cooling sector.

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Editor's Comment 

The Chancellor’s recent Autumn Statement has resulted in a range of opinions among industry leaders, highlighting both commendations and reservations within the manufacturing sector. The most notable was Stephen Phipson, Chief Executive of Make UK, who was pleased with the Chancellor’s strategy for providing long-awaited policy certainty crucial for investment decisions. The permanence of full expensing and initiatives to boost engineering apprenticeships align with industry aspirations, prompting Phipson to call for seizing the gauntlet and unlocking transformative growth, which is difficult not to agree with.

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