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Machinery spend soars almost 60%

Over half of manufacturers (58%) invested more in machinery and machine tools in the last financial year than they did the previous year, according to the latest Annual Manufacturing Report (AMR).

Only 5% of respondents in the report, which surveys over 100 manufacturers each year and is produced by The Manufacturer magazine in association with Barclays, said they were investing less in machinery/machine tools.

Belfast Telegraph