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Metalforming and Fabricating Leading Manufacturing's Resurgence

Monday, February 13, 2012
 

U.S. manufacturing-technology orders climbed 66.4 percent in 2011, according to AMT--The Association For Manufacturing Technology and the American Machine Tool Distributors’ Association. The associations jointly produce the U.S. Manufacturing Technology Orders (USMTO) statistical program. “USMTO finished its strongest year in more than a decade as manufacturing led the U.S.recovery into 2012,” says AMT president Douglas K. Woods. “The increase is nearly 20 points higher than forecasters predicted.”  The USMTO report shows that year-over-year orders for metal-cutting technology climbed 64 percent, while orders for metalforming and fabricating equipment climbed 92.1 percent. View the complete USMTO report, including statistics broken out by region, at www.amtonline.org/.

 

 


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