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Manufacturers ''should exploit overseas buoyancy''
7 September 2010
UK manufacturing companies have been advised to take advantage of the current buoyancy in export markets.
This is according to a spokesman from EEF - the manufacturers' organisation, who pointed to growing levels of demand in new markets as potential opportunities for producers.
Individuals concerned with operations and manufacturing management may be interested in Mark Swift's comments that more traditional markets such as the US and Europe have become well established, but other countries are increasingly demanding UK products.
"The growth figures coming out of places like China, Brazil and Russia are very strong," the expert said, adding that firms have realised this and are breaking into such countries to establish new customer bases.
He also pointed to the expanding low-carbon economy as offering future opportunities for profit.
Mr Swift's comments come after the body's latest manufacturing sector statistics showed that trading conditions for companies in the industry remain buoyant as a result of growing exports, with good prospects for growth anticipated during the remainder of 2010.
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