UK HEAD OF MANUFACTURING PRAISES CORNWALL’S MANUFACTURING SCENE
The UK is the 9th largest manufacturing nation in the world, employing around 2.7 million people and accounting for 10% of national economic output. It is a vitally important industry and one we should all celebrate at every turn.
Cornwall’s strong manufacturing industry is a valuable contributor to this dominant sector, delivering £800m to the local economy annually and this year’s Cornwall Manufacturing Group awards, sponsored by Barclays, will see the success of these Cornish firms recognised by the UK’s Head of Manufacturing, Mike Rigby.
Mike Rigby, Head of Manufacturing at Barclays, comments: “Our manufacturing sector is, and always has been, resilient and in the current climate of both economic and political uncertainty, it continues to deliver hard-earned results with production levels still in positive territory. Encouragingly, a recovering global economy and a weaker pound are helping order books look healthy and the promising levels of new investment that I see on my travels around the country, just like here in Cornwall, are filling me with confidence although rising cost pressures are still circling with intent and margins may become increasingly squeezed. However, UK manufacturers have traded through challenging conditions many times before and I have no doubt that they will again.”
“I am delighted to be associated with the CMG awards event and that it is these key elements of export, investment, apprenticeships, innovation and community that are being recognised.”
“Cornwall’s manufacturing industry is an invaluable part of the manufacturing jigsaw and deserves to be appreciated. Championing the local and national manufacturing industry, highlighting successes through awards, shines the spotlight on this significantly valuable industry.”
Eric Nicholls, CMG chairman says: “It’s a privilege to have Cornwall’s manufacturers recognised for their excellence by Barclay’s UK head of manufacturing and speaks volumes about the role Cornwall’s manufacturers play in the global market.”
The awards headlined by Barclay’s are also sponsored by Lloyds, SWMAS, Exelin, Truro College, Foot Anstey, Bishop Fleming, Cornwall College and Cornwall Chamber of Commerce. Open to all manufacturers in Cornwall, the deadline for applications closes on 8 September with the awards ceremony at the Atlantic Hotel, Newquay on 2 November.