Great Britain are used to the studio with our burgeoning automotive, aerospace and shipbuilding to be. But in recent decades, we decline, companies shifted their production to less. Even if the industry was in decline in 2003, the construction and manufacturing still accounts for 16% of national production and 13% of employment.
However, with more than 300 years of industry experience, Britain is about to see the design and productionRevival? Seen since the recession is to design and produce a mini-boom and it shows faster recovery of the sector. As a result, the industry recorded an annual turnover of £ 20 million and employs approximately 3 million people.
UK industry produces 60% of our exports and a share of over 75% for research and development. He has seen the growth in production can be attributed to two areas. The first is the selection of some companiesStay with the manufacture and production, such as Terex Pegson, BAE Systems and Rolls Royce to be well with the local office of the United Kingdom in their production. The second is the continuing strength in the North Sea oil and gas, which has an estimated value of £ 250 billion. Scotland alone has seen the value of exported goods increased by 3.5% in construction and manufacturing companies are connected with industry and the significant growth and international recognition since. For example, companies like LFHTechnical requirements were small but capable of the industry through its design and manufacture of pumps Pegson, building on an already used for UK engineering institution based. As a result, have seen their production is exported, 80% with a value of over £ 2,000,000.
This growth in the design and production specialist, foreign companies are encouraged to invest more, or just returned to the UK production with companies like Dyson expansiontheir factories in England. This controversial move about 350 jobs, although some of their production in the Far East has created earlier this year. British manufacturers have also increased their value with Ford in the United States has surpassed General Motors in sales seen for the first time in 80 years, which in turn encouraged them to invest £ 1.5 billion into its British factors in the next 5 years. As the industry continues to grow and expand, while the country still struggles to attractis out of recession Britain could return to his roots with a focus on the development and production of the industry? It seems that this might be so and the timing could not be better.
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