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aligned with Kawasaki Heavy Industries , has a plan to achieve Net Zero for Scope 1 and 2 by 2030 and for Scope 3 by 2050 . KPM UK is now in the process , as are many manufacturing companies , of mapping its Scope 3 activities and planning for its netzero strategy .”

However , to achieve these targets , Lee expresses that the government needs to further assist the manufacturing industry . “ As explained at the recent Make UK conference , manufacturing represents £ 400 billion of the UK ’ s GDP in export , so we would like to see the government develop a long-term industrial strategy . Coupled with economic and fiscal stability , this is important to facilitate long-term growth .

“ Within the industrial strategy , we would like to see consideration given to continued enhanced tax credits for advanced and sustainable manufacturing , increased investment into education focusing on STEM subjects , support for energy prices , investment in renewable energy infrastructure , increased incentives for investment in automation and digitization , and the continued full expensing for capital investment .”

As reported by the Plymouth Manufacturing Group ( PMG ), some 13,000 people are employed by manufacturing businesses in Plymouth , contributing 17 percent GVA to the Plymouth economy , and a combined annual revenue of £ 2.7 billion . “ Many of these companies are also backed by foreign investors based in the UK who export all over the world . Therefore , we would also like to see the government ’ s ‘ Levelling Up ’ agenda include more investment in the South-West for infrastructure , STEM education and skills , and innovation funding .”

Supplying Europe , USA and Japan since 1988

• In-house casting and machining service

• Precision components in iron , aluminum and steel

• Global logistics and optional local stockholding

hydraulics | automotive | agri & construction machinery | wind turbine brake

World Known Precision Industry Taichung City , Taiwan wkptmkt @ wkgroup . com tw . wkgroup . com

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