Is there any more bad news?

29th October, 2015

I am sure we are all aware that businesses in the oil & gas tool, mining & material markets are suffering in the current climate, and this is now impacting mainstream commercial markets.  It is devastating for all those close to these industries, seeing job losses, mothballing of plants and closure of businesses, etc.

Whilst the engineering/manufacturing sector has faced these times before, this is the first time that the major cause of such a downturn has been attributed to mainly one factor – China.   Having recently visited the London Metal Exchange Annual Seminar, it appears that performance of certain metals have, or are, bottoming out (nickel & copper) and that infrastructural requirements in China and developing economies will still happen, it is just a matter of when.  Similarly the automotive market, which has a huge knock on effect on the demand of materials and drives other industries, looks to have exciting times ahead – only 1 family in 10 own a car in China, similar to Britain 40 years ago and now we are a nation of multi-car families, with 1 in 50 owning 4 or more!

The message we have been trying to get across in our e-shots over the past few months is that to try and compete today everybody needs to be extremely competitive, offer instant turn-round and guarantee quality.  So what can our Sub-contracting services do to help you:

  • Guaranteed delivery times
  • Guaranteed quality of service
  • Allow your machining facilities to maximise its returns on finishing products
  • Proven quality supplier with approvals
  • Secure facility

We have one remaining exhibition left this year, the Advanced Aero Engineering Show taking place on 4-5 November at The Birmingham NEC. If you will be attending this show and want to know more about what we can do, why not arrange a meeting or visit us on Stand C76Hall 5?

Our expertise is around Gundrilling and BTA Deephole BoringHoningCNC Turning & Superfinishing.

Our sales and technical teams are available to discuss any requirements you may have. Please feel free to contact us on 01264 360800.