Manufacturing technology orders up 80.5% from 2010


It looks like 2011 has been a good year for machine tool manufacturers; how good; year-to-date sales total of $4.520 billion is up 80.5% compared with 2010. The recent data released this week from the Assn. for Manufacturing Technology (AMT) and the American Machine Tool Distributors' Assn. (AMTDA), show that October U.S. manufacturing technology totaled $463.32 million. While this number was down 22.4% from September, it was up 20.3% when compared to the total reported in October of 2010.

"Manufacturing technology orders through October have already surpassed the total value accumulated in 2007," said AMT President Douglas Woods. "The beginning of 2012 will be a little slow as tax incentive pulled some orders back into 2011, which will likely make 2012 growth softer."....
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