America's Business-to-Business Journal for Industry
   Subscribe      Advertise       Submit News       Feedback       Jobs   
More results...
 National News
Manufacturing technology orders continue to rise in 2012

February U.S. manufacturing technology orders totaled $444.06 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 9.3% from January and up 35.2% when compared with the total of $328.44 million reported for February 2011.

These numbers and all data in this report are based on the totals of actual data reported by
companies participating in the USMTO program.

"Manufacturing technology orders are off to their best start since 1998," said AMT President Douglas K. Woods. "U.S. manufacturers continue to seek increases in productivity through automation and innovative technologyies to increase their global competitiveness."

The United States Manufacturing Technology Orders (USMTO) report, compiled by the trade association representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

U.S. manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region
Northeast Region manufacturing technology orders totaled $53.14 million in February, 5.7% less than the $56.34 million total for January and 3.7% less than the total for February 2011.

Southern Region
At $53.30 million, February manufacturing technology orders in the Southern Region were up 45.2% when compared with the $36.71 million total for January and up 54.2% when compared with February a year ago.

Midwest Region
February manufacturing technology orders in the Midwest Region totaled $164.43 million, 14.1% more than January's $144.14 million and up 46.6% when compared with the February 2011 figure.



 
Central Region
Central Region manufacturing technology orders in February stood at $132.21 million, 1.9% more than the January total of $128.82 million and 32.2% higher than last February's total.
 
Western Region
Manufacturing technology orders in the Western Region in February totaled $41.99 million, up 4.1% from January's $40.32 million and up 53.7% when compared with the February 2011 figure.
 
                                                                             #  #  #





Click here for PDF


Full Article




All comment postings require your name and email address for user verification only. Your email address will not be used or distributed for any other purpose.
No advertising is permitted and will result in the post being deleted and/or banning. Please click "REPORT" to report any inappropriate posts.
blog comments powered by Disqus



Permission to Reproduce:
Unless otherwise stated, the copyright and similar rights to all material published on this website are owned by The Manufacturers Group Inc. DBA Manufacturing & Technology eJournal( mfrtech.com ). Reproduction of any article in print, electronic or any other form must acknowledge mfrtech.com as the Source and include a link to http://www.mfrtech.com


Latest National News:
Worldwide Capacity of Lithium Ion Batteries for Electric Vehicles Will Multiply More than 10-Fold by 2020

Manufacturers: Leave Fracking Regulations to the States

U.S. Chamber Hosts Forum on U.S.-Colombia Trade

EPA's Effort to Regulate Cathode Ray Tube Recycling Ignores Greater Danger from Junk Batteries, Reports RSR

Caesarstone Signs Exclusivity Agreement with IKEA US

Tyson Foods Names Animal Well-Being Advisory Panel



RFQ For You






Help Buyers Find You...