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Manufacturers ''experienced mixed fortunes in 2011''

22 December 2011
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Manufacturers ''experienced mixed fortunes in 2011''This year has been a mixed one for manufacturers with many companies requiring a lot of their operations management teams.

According to an article for the Telegraph, 2011 has been marked by "pronounced highs and lows" in the sector, including rising production and global crises affecting supply chains.

Both the Japanese earthquake and tsunami and the widespread flooding in Thailand disrupted stocks of parts and equipment, while public spending cuts led to firms such as defence contractors scaling back their operations, including 3,000 job cuts at BAE Systems.

The newspaper's property and industry correspondent Graham Ruddick stated in his predictions for 2012 that automotive output looks set to grow in Britain next year as businesses commit to building new models and civil aerospace is also poised for growth.

However, he pointed out that the sector would be affected by the eurozone economy and what happens over the coming 12 months.

Despite these strong predictions for manufacturing, recent Office for National Statistics figures showed a 0.7 per cent dip in production between September and October 2011.ADNFCR-3058-ID-801247393-ADNFCR
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