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Manufacturing Technology Orders are up 101%

Friday, October 28th, 2011 : 0 Comments

According to Association for Manufacturing Technology and the American Machine Tool Distributors’ Association, manufacturing technology orders are up 101% from 2010.

This article in Industry Week runs down the numbers for us:

With a year-to-date total of $3,439.21 million, 2011 is up 101% compared with 2010.

And I was pleased to read this quote from the president of the Association for Manufacturing Technology:

“Despite news reports that wider economic growth may be stagnating, the manufacturing technology industry is sustaining its momentum, said Douglas Woods, AMT president. “With orders still up substantially over last year, there is clearly optimism within the industry as firms are seeing future growth opportunities that merit new capital investment.”

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