Show organiser, the Manufacturing Technologies Association (MTA), said it was delighted with the response and has urged firms wishing to exhibit at the showpiece event, which takes place at the National Exhibition Centre in Birmingham between 4-8 April 2022, to confirm their booking as quickly as possible so as not to be disappointed.
James Selka, CEO of the MTA, said: “MACH is the national manufacturing show, and as a content-led event it brings together the latest advanced engineering and manufacturing technologies in operation, and all under one roof. As such it will be perfect place for manufacturers to come and view the best new machines on the market.
“The support we have already received from the UK manufacturing and engineering community has been tremendous and their show of faith at what is a pivotal moment for this most crucial of industries, demonstrates both the appetite to do business and the desire to restore the manufacturing industries to their rightful place at the head of the UK economy.”
MACH 2022 will be the event to connect the world of manufacturing technologies and stand as the destination of choice for companies looking to adopt and invest in the digital revolution.
“MACH is such a fantastic event for both exhibitors and visitors. Showcasing live, digital production systems in one space, it is not to be missed. Hundreds of millions of pounds worth of business is discussed, secured and completed at the exhibition, making it the must-attend event in the UK manufacturing calendar,” added Mr Selka.
For 2022, there are extra incentives in place for companies looking to invest in the latest machine technology, principally the Super Deduction initiative announced by the Chancellor earlier this year.
Running until 31st March 2023, the new scheme means companies investing in qualifying new plant and machinery assets will be able to claim a 130% super-deduction capital allowance on their plant and machinery investment, plus a 50% first-year allowance for qualifying special rate assets.
The super-deduction scheme will allow companies to cut their tax bill by up to 25p for every £1 they invest. The incentive scheme is intended to jump-start the manufacturing sector as it looks to bounce back quickly from the pandemic-induced recession.
The Office for Budget Responsibility (OBR) has predicted the scheme could encourage manufacturers to bring forward investment plans originally scheduled for much later in the decade.
“With MACH 2022 falling right in the middle of the scheme’s two-year window, the timing of the show could not be better. Bringing forward capital investment decisions to the present will enable the industry to bounce back from the effects of the pandemic far quicker,” added Mr Selka.
Another theme evident during the show will be decarbonisation. Decarbonisation is predicted to be one of the major growth factors for the manufacturing sector in the next few decades; the Committee on Climate Change believes the UK's commitment to net zero by 2050 alone could cost an additional 1-2% of GDP.
“This is why MACH 2022 will have a strong focus on promoting the green agenda and is yet another reason why the event should not be missed,” said Mr Selka.
“In addition to our growing list of exhibitors, thousands of people have already registered to the visit the show, even though it is still eight months away. With such a response, it’s vital that exhibitors book their space early to avoid disappointment.”
Despite the timeframe, exhibitors and visitors can interact with the exhibition now. As part of the MTA’s commitment to improve the exhibition experience, the association has invested in a new online platform, My Show Planner, to help people get the most from the event.
Trialled with great success during the MACH 2022 Preview Week, the platform enables visitors to filter by product type, save favourite exhibitors, speakers and content to their personal show planner. They can even make direct contact with exhibitors ahead of the event.
No other manufacturing event can bring together so many key decision makers across a five-day period, and no other event of its kind can attract over 20,000 trade visitors with real purchasing power - all looking to meet new suppliers, find new products, network and form new business relationships.
For more details on the exhibition and how to use the new show planner, visit www.machexhibition.com