German bearing manufacturer Schaeffler is to close plants in Plymouth and Llanelli, which employ 350 and 220 staff, respectively. Production will be relocated to the United States, China, South Korea, and Germany.
The UK’s advanced engineering SMEs and multinationals will explore what Brexit means for the industry at the country’s largest annual gathering of high value manufacturing professionals. Advanced Engineering 2018 is providing a platform for small and large engineering companies to make their views clear on Brexit, along with other pressing issues.
The head of one of Britain’s biggest business groups has called for the UK to secure a significantly longer transition period to follow next year’s exit from the European Union after last week’s failure to agree a tariff schedule at the World Trade Organisation (WTO). He urges the Government to recognise the dangers to jobs and livelihoods that would follow the simultaneous loss of EU membership benefits whilst our negotiations with the WTO are still in their infancy.
Certain tasks, rather than specific occupations, will be under threat from Artificial Intelligence (AI), and therefore no job will be immune, according to a new report by the Institution of Mechanical Engineers. Roles will change not just in repetitive manual labour, but in clerical and professional positions too.
The new World Robotics Report from the International Federation of Robotics shows that a new record high of 381,000 units were shipped globally in 2017 – an increase of 30 percent compared to the previous year. This means that the annual sales volume of industrial robots increased by 114 percent over the last five years (2013-2017). The sales value increased by 21 percent compared to 2016 to a new peak of US$16.2 billion in 2017.