AMT Orders Report: OEMs Investing in Long-Term Projects
October 11, 2023
AMT Orders Report: OEMs Investing in Long-Term Projects |
August orders of manufacturing technology increased 16.1 percent from July 2023 but were down 12.2 percent from August 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT—The Association For Manufacturing Technology.
“We are seeing industries focused on shorter-term projects reduce their spending, but at the same time, OEMs focused on longer-term production timelines have been increasing their spending,” says AMT president Douglas K. Woods. |
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Want to Be Part of a Comeback Story? |
Read on for a fabricator’s quick and determined recovery from a fire, and the need for a metal forming company to take on stamping of cherished toys. |
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Vehicle Production in Mexico on the Rise |
Mexico Now reports
that vehicle production in Mexico grew by 13.54 percent year-over-year
in the first three quarters of 2023. Mexican plants assembled more than
2.85 million light vehicles from January to September, about 340,000
more than during the same period of 2022. |
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Upcoming Issues |
November
- Servo Technology
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- New Aluminum Grades
- Robotics/Cobots
- Arc Welding
- Technology and Enewsletter Focus: Robotics/Automation
December
- Mechanical Presses
- Women of Excellence Awards
- Preview: Metal Stamping Technology Conference
- CNC Punching and Tooling
- Material Handling
- Technology and Enewsletter Focus: Software for Manufacturing
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MetalForming magazine is the official publication of Precision Metalforming Association. |
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