Shrink
wrapping machinery experts Uwrap responds to news that the majority of UK manufacturers
want the UK to remain part of the European Union.
A survey carried
out in August this year by the manufacturer’s organisation EEF discovered that
an incredible 85% of polled companies would, in the event of a required vote, wish
to stay in the EU, despite the torrent of economic troubles that have plagued
the EU over recent months. As a direct reflection to just 7% that said they
would opt to leave, it seems as though the general consensus of UK businesses
would be to ride out the stormy weather.
160
companies were surveyed from the 6000 that are currently represented by the
EEF, including a number of manufacturing companies who have felt the brunt of
the economic climate over the last quarter.
There was a
total of two surveys carried out this year in August that witnessed that the UK
manufacturing sector growth had slowed down, based upon both new orders and
productivity output of companies increasing at a lesser speed than previously
experienced. It had become such a concern that the Markit/CIPS Purchasing
Managers’ Index or PMI for UK
Manufacturing slipped down to over 2 points from 54.8 to 52.5 in July 2014,
which by all accounts has been the lowest point in over 14months.
Uwrap Ltd, Blackpool-based
shrink wrap machine designers, manufacturers and distributers, regularly reacts
to industry relevant news and studies. A company representative believes that
for many the decision to stay in the EU would naturally affect manufacturers
differently:
“Legislation,
funding and the like naturally affect companies differently, and while some
manufacturers will receive obvious benefits from the UK being in the European
Union, we’re sure there are some who may have another story to tell. Enabling
better logistics and commerce between states, and improvements in the EU’s
economic structure, could certainly bring added benefits to the UK
manufacturing sector.”
Established
for over 25 years as a leading manufacturer of high quality commercial and
industrial shrink wrap and sealing machinery, Uwrap maintain a close eye on
European events as they ship their products to a global customer base,
particularly to businesses in the UK, the USA and the EU. For further
information on the wide selection of machines they offer, visit their website at
www.uwrapmachines.co.uk.