2011 Machine Tool Orders Highest in Over Decade

According to The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association, December U.S. manufacturing technology orders totaled $520 million. This total was up 12.2% from November and up 12.7% when compared with the total of $461 million reported for December 2010. With a year-to-date total of $5.5 billion, 2011 was up 66.4% compared with 2010.

“USMTO finishes its strongest year in over a decade as manufacturing leads the U.S. recovery into 2012,” said Douglas K. Woods, AMT president. “Manufacturers and technology providers alike will operate from a healthy order base in 2012 providing the confidence to invest and foster innovation.”

Link to the full text of AMTDA news release, which includes five geographic breakdowns of the U.S.: by clicking here.