March Manufacturing Technology Orders Up From February
May 11, 2015 - March U.S. manufacturing technology orders totaled $399.83 million according to AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 30.3% from February’s $306.96 million but down 18.7% when compared with the total of $491.73 million reported for March 2014. With a year-to-date total of $1,052.29 million, 2015 was down 12.7% when compared with 2014.
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.
“There are many indications that our end-user customers are making significant investments in their manufacturing facilities to increase capacity, including GM’s announcement that it will invest billions in its U.S. plants,” said AMT President Douglas K. Woods. “Overall we expect the industry to hold steady with a push-pull between strong domestic investment in manufacturing but a drag on foreign trade due to the dollar’s strength.”
The United States Manufacturing Technology Orders (USMTO) report, compiled by the trade association representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.
The Association For Manufacturing Technology
AMT – The Association For Manufacturing Technology represents and promotes U.S.-based manufacturing technology and its members—those who design, build, sell, and service the continuously evolving technology that lies at the heart of manufacturing. Founded in 1902 and based in Virginia, the association specializes in providing targeted business assistance, extensive global support, and business intelligence systems and analysis. AMT is the voice that communicates the importance of policies and programs that encourage research and innovation, and the development of educational initiatives to create tomorrow’s Smartforce. AMT owns and manages IMTS – The International Manufacturing Technology Show, which is the premier manufacturing technology event in North America. The USMTO report is compiled by AMT and all data in the report is based on the totals of actual data reported by companies participating in the USMTO program.

Check out our free e-newsletters
to read more great articles.
MORE INDUSTRY NEWS
-
Pepperl+Fuchs Comtrol and Callisto Integration announce strategic partnership
Pepperl+Fuchs Comtrol and Callisto work with each manufacturing customer to deliver initial solutions that have tangible results, and then collect...
-
ST Robotics providing hands-on robotics training to university students
More than 30 other educational institutions have benefited from ST Robotics’ systems. These include: MIT, Cambridge University, Ecole Nationale...
-
Senet announces partnership with Zenseio
Senet has certified the Zenseio LSMP2 - Professional Multi-purpose Telemetry Station, providing the agriculture market with a pre-integrated,...
-
Arena Solutions announces strategic partnership with PRG
This deepened strategic partnership expands PRG’s services for Arena customers that desire assistance or simply have limited internal resources....
-
Genius Garage announces slot car STEM program in Detroit
Applicants must write a minimum one-page paper as to why they like cars and racing and what they think they will learn from the program that will...
RELATED
-
PLC Programming Preference Survey: Insights & User Comments
By Bill Lydon, Automation.com
The PLCopen organization and Automation.com conducted a joint survey of PLC programming preferences. Here are some... -
Robots or Cobots: Which to Choose?
By Jonathan Wilkins, EU Automation
Today’s plant managers are faced with a dearth of automation technologies but it’s not always obvious what... -
IDTechEx Report: Autonomous cars could accout for 4 trillion miles of road travel by 2040
IDTechEx has recently seen competitors joining hands and forming some unlikely-sounding alliances to reduce the cost of autonomous driving...
-
Phoenix Contact releases firmware 2.05.1 for TC Router product range
The TC Router permits remote access to SCADA networks and control systems over the cellular network. Since these networks typically involve...
-
A Closer Look at Composites
By Robert Glass, Exel Composites
Composites have transformed the technologies of many industries —although the materials used to manufacture...