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PRIVACY
Economic Development

It's a MAS success for Midlands companies

A Government service to help and advise manufacturers has helped Midland firms to the tune of £7.5 million, it has been revealed.

A Government service to help and advise manufacturers has helped Midland firms to the tune of £7.5 million, it has been revealed.

Extra money is now set to be allocated to help the Manufacturing Advisory Service (MAS) aid more companies in the region.

Figures show the service, which helps companies access help and guidance from industry experts, has delivered an average of £69,000 in savings and new orders to each of the Midland firms it has assisted.

An extra £17 million over the next three years has now been allocated to help companies around in the country in the various MAS's which were set up in April 2002.

The money will be matchfunded by local regional development agencies, and comes in addition to the £30 million spent on establishing and running MAS.

Jacqui Smith, Trade and Industry Minister, said: "Across the country, the MAS has been a massive success and MAS West Midlands has been one of the best. In the West Midlands, it has delivered £7.5 million of added value to our firms by introducing best practice from industry experts."

In the West Midlands, the service has responded to some 4,200 inquiries from businesses seeking advice, and has visited more than 1,800 businesses to carry out initial diagnostic health checks.

More than 70 MAS events have been held to educate and train local business, while more than 700 in-depth consultations have taken place.