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Advanced Manufacturing package launched
Tuesday, July 28th, 2009
A £150m package of measures to help UK manufacturers seize the opportunities provided by emerging technologies has been launched by Business Secretary Lord Mandelson.
Advanced Manufacturing describes businesses which use a high level of design or scientific skills to produce technologically complex products and processes. Because of the specialised requirements involved, these are usually goods and associated services of high value.
Advanced Manufacturing operates at the frontier of new technology, processes and products. It is an important part of a balanced British economy. It is essential that it has continues to have the right long-term framework of support from Government to exploit the opportunities of a growing global economy.
These investments in plastic electronics, the nuclear supply chain, aerospace, and silicon design are another important step towards the Government’s vision for our economic future – as set out in New Industry, New Jobs. They will expand access to information, encourage take up of new technologies and address specific challenges faced by the aerospace sector.
Videos
Advanced Manufacturing: Stakeholders’ response
Quotes
Peter Mandelson, Secretary of State for Business, Innovation & Skills:
“At the heart of Britain’s knowledge economy is our manufacturing base. High-value, highly skilled and internationally successful businesses that have worked hard to secure a lead in hi-tech global supply chains.
This practical package of measures will help equip British manufacturers, of all sizes and sectors, to take advantage of the advanced technologies and new market opportunities now shaping our industrial future.
It’s about giving them the support they need to create jobs in Britain and export the best of British manufacturing design, technology, skills and innovation around the world.”
Core facts
- The UK is the world’s sixth largest manufacturer measured by output
- The UK is a leading exporter of high-tech goods, with 25% of UK goods exports defined as high-tech, compared to 22% in the USA, 15% in France, and 11% in Germany.
- The global market for Plastic Electronics (electronic circuits printed on to flexible surfaces) is under £1bn now but forecast to grow to £15bn by 2015 and £125bn by 2025.
- The UK Industrial Biotechnology market is estimated to grow between £4-12bn and the global market between £150-360bn by 2025 in the chemical sector alone.
Press releases
- Advanced Manufacturing – Building Britain’s Future
- Technology Strategy Board
- CBI comment on Advanced Manufacturing
- TUC welcomes major cash boost to Government’s industrial strategy
- Regional Development Agencies welcome Advanced Manufacturing package
- OneNorthEast welcome printable electronics investment
- British Chamber of Commerce – Advanced Manufacturing at the heart of UK economic future
Files to download
Twitter pitch
Tweet the Advanced Manufacturing website
