Monday, October 17, 2011

News: MAS to target SMEs


A new nationally operated Manufacturing Advisory Service (MAS) will focus on helping small and medium sized manufacturers to grow.

The new service will be delivered by the Manufacturing Advisory Consortium (MAC) and will help create an estimated £1.5bn in economic growth, 23,000 jobs and safeguard 50,000 jobs.

The Manufacturing Advisory Service will continue to deliver a national service to all manufacturing businesses in England but the new consortium now means that there will be a specific focus on technical support SMEs developing advanced manufacturing capabilities and creating high value jobs.

Other target areas include business improvement with manufacturers operating in global supply chains, and boosting the number of apprentices at SMEs.

Business Minister Mark Prisk said: "Manufacturing contributes half of Britain's exports and has much higher productivity than the rest of the economy so it is essential to our plans for growth. That is why we are taking steps to ensure our industrial base is thriving as part of a strong and balanced UK economy.

"Britain has world class manufacturers and the new Manufacturing Advisory Service (MAS) will help them grow and create more outstanding companies with a particular focus on helping SMEs."

Previously delivered through the Regional Development Agencies the new service is expected to deliver four times the current return on investment. The Manufacturing Advisory Consortium comprises Grant Thornton, Pera, WM Manufacturing Consortium Ltd and MAS SW Ltd.

MAS in Yorkshire & Humber operates from offices on the Advanced Manufacturing Park in Rotherham.

MAS Yorkshire & Humber website


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