Statistical data for the machine tool equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 519 new machine tool related filings during the month of May 2018.
The top five lenders, in units, included:
The top five accounted for 33.7% of the total, or 175 units. The top lenders, DMG MORI USA and Methods Machine Tools, combined to account for a 14.6% share of the total.
The top five machine tool equipment buyers (location/brands/filings) included:
The EDA IndustryInsight trend charts provide monthly statistical data on UCC financing activity in the U.S. for sale and lease transactions of equipment.
Although ASC 842 and IFRS 16 were released several years ago, many lessees will only first notice how the changes affect financial reporting in the first reporting period for 2019. Many lessees will not be subject to the new standards... read more
Industry behemoths are losing market share and some have even declared bankruptcy as they’ve been reluctant to accept technological change. According to the 2017 Deloitte Global Human Capital Trends Report, only 12% of fortune 500 companies present in 1955 are... read more