Week 13 in Manufacturing News

Technology Roadmap For UK Manufacturing Industry Unveiled; Australian Manufacturing Has Its Best Performance in Three Years as The Economy Surges Out of Coronavirus Pandemic – But End of JobKeeper Threatens Recovery Momentum; New York Reaches a Deal to Legalize Recreational Marijuana.

Technology Roadmap For UK Manufacturing Industry Unveiled

The Institute of Digital Engineering (IDE) has published a plan to modernise the UK’s manufacturing sector.

This comes as industry leaders warned the country risked becoming a “digital dinosaur” compared with the US, China and Germany.

Industry has been using digital tools, such as CAD, for decades. However, recent advances in processing, sensing and connectivity are poised to revolutionise the way we develop and make things.

Source: Production Engineering schedule

Australian Manufacturing Has Its Best Performance in Three Years as The Economy Surges Out of Coronavirus Pandemic – But End of JobKeeper Threatens Recovery Momentum

Australian manufacturers are putting in their best performance in three years as their recovery from the recession continues.

The Australian Industry Group’s performance of manufacturing index rose by a further 1.1 points to 59.9 on Thursday, its highest level since March 2018.

It was the index’s sixth consecutive rise and showed the industry was comfortably in expansion territory.

Source: Dailymail

The move paves the way for a potential $4.2 billion industry, with millions of dollars in sales tax revenue reinvested in minority communities each year.

State lawmakers finalized a deal on Thursday to legalize recreational marijuana in New York, paving the way for a potential $4.2 billion industry that could create tens of thousands of jobs and become one of the largest markets in the country.

Source: New York Times