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"We have seen an increase in the number of firms investing in new technologies and this tells us that manufacturers are not only optimistic about the next six months, but also have one eye on the longer term picture."
publication of the latest MAS Barometer marks the start of the first ever Manufacturing Matters week, which is looking to showcase England's manufacturing SMEs a sector that currently accounts for more than 110,000 businesses Converse Womens Slip On
In addition to this report, there will be over 50 events held across the country with a specialist focus on access to finance, innovation, international trade and offshore wind.
"Buyers have realised that there is more to the 'landing' price than meets the eye, with delays in logistics and issues around quality adding a whole layer of hidden costs.
However, the cost of domestic labour continues to remain the biggest barrier for producing within the UK according to manufacturing SMEs.
Lorraine Holmes added: "The recent Foresight Report detailed the need for industry to move to more advanced, higher value manufacturing and this is being reflected in the Barometer.
The Barometer findings reinforced the recent feel good factor, with 57 per cent enjoying an increase in sales over the last six months a nine per cent rise on the previous quarter.
and 1.1 million jobs.
Managing director Jon Hague said: "Our ability to provide custom made critical components has helped us secure work that was previously carried out overseas.
Encouragingly nearly three quarters of firms (74 per cent) are expecting to grow between now and April 2014, whilst 94 per cent are planning to take on new staff or keep the size of their workforce the same.
home, with 23 per cent of firms surveyed either actively planning or considering reshoring, compared to just three per cent that have offshored in the last year.
More than a fifth (21 per cent) of of those taking part inthe Manufacturing Advisory Service's latest Barometer survey stated that concerns over the cost of Converse Evo Basketball Shoes offshore production and the associated lead times were the principal reasons for re shoring, followed by quality (19 per cent) and improving delivery performance (17 per cent).
"Our international sales now account for more than 50 per cent of the business and this involves working with clients in high profile oil and gas, transport and infrastructure projects in Asia, Australasia, Europe and the Middle East.
He added: "We have to be competitive on price, that's a given. However, it appears that firms are now placing a greater importance on technical detail, innovation in design and reliable quality. This is where SMEs in England can really excel."
The Barometer featured the views of 73 manufacturing SMEs from across the West Midlands and the North West.
Willenhall based Hague Fasteners was one of the companies questioned in the MAS Barometer and reflects the positivity currently being felt across industry. The firm, which manufactures specialist fasteners, headed bolts, studs, nuts and milled components, has grown 20% in the last year and this has led to the appointment of three new apprentices.
There also appears to be a pattern of steady growth in companies embracing new technologies (41 per cent) and investing in machinery and premises (67 per cent). The latter represents a 13 per cent increase from the same period last year.
Growing desire for companies to bring work back to the UK Express Star
Lorraine Holmes, area director of the MAS, said: "There is certainly a growing desire from our companies to bring production Converse Dainty Grey Suede
"This marks a major change in approach from five years ago when the Far East and Eastern Europe seemed to be the destination of choice.
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