It is one of the world’s largest and most efficient manufacturing industries, but the UK’s largest manufacturer of millwork machinery says it needs to boost productivity by 50 per cent to meet new requirements and meet EU standards.
It is also the first UK manufacturer to report a reduction in its manufacturing productivity by 10 per cent since 2013.
Read more: The UK millwork industry, known for its complex machinery and complex processes, employs around 5.5 million people.
It produces some of the most important manufacturing products in the world, such as clothing, plastics and aluminium.
The industry’s latest report from the Ministry of Defence (MoD) shows the number of millworkers in the industry has fallen by 4,600 since 2013, to just 1,800.
The company, the millworkers union, says the figure is down to a shortage of machinery and the increased workload of manufacturing staff.
The company’s chief executive, Paul McInnes, said: “I don’t think we’re at a point where we can sustainably do more with less.”
It’s about how we can meet the new and growing needs of our workforce.
“We’re working on a strategy to bring manufacturing back to where it was before the financial crisis.”
The MoD is in talks with industry groups and other stakeholders to address the impact of the manufacturing slowdown on the industry.
It also plans to raise the minimum wage to £9 an hour by 2020, with the aim of achieving full employment by 2022.
A spokeswoman for the Department for Business, Innovation and Skills said the Government is determined to bring a level of manufacturing output and employment to meet the UK economy’s growing demand for goods and services.
“The government is making good progress in reducing the UK millworkers’ costs, and we are confident we can achieve that by 2019,” she said.
“Millwork manufacturing is one area where we have to increase productivity, but we also have to reduce the number and quality of workers in the sector.”
The UK is a major exporter of industrial machinery and materials, with a major role in supplying the automotive industry with components and parts.
It’s also the world leader in its manufacture of machinery used in military and industrial production.
The MoJ said it had already made progress in improving productivity of mill workers and was committed to continuing to improve productivity in this industry.