Machine Tool Orders Slip

Jan. 13, 2005
By John S. McClenahen After posting their highest level in four years in September, gross new orders of machine tools for U.S. consumption slipped 38.9% in October to $234.44 million, AMT - The Association for Manufacturing Technology and the American ...
ByJohn S. McClenahen After posting their highest level in four years in September, gross new orders of machine tools for U.S. consumption slipped 38.9% in October to $234.44 million, AMT - The Association for Manufacturing Technology and the American Machine Tool Distributors' Association jointly reported this week. Orders for metal cutting machine tools were $225.38 million in October, down 38.9% from September's $368.75 million. Orders for metal forming machine tools were $9.06 million in October, down 39.9% from September's $15.08 million. For the first ten months of 2004, new orders totaled $2.38 billion, 42.6% higher than the $1.669 billion figure for January through October 2003.

Popular Sponsored Recommendations

Five Ways Aerospace and Defense MRO Can Prepare for the New Normal!

Dec. 6, 2023
The right tools can help A&D suppliers track the essentials & ultimately, boost their margins. Advanced analytics can also help determine the profitability of contracts, drive...

Navigate Complex Cybersecurity Requirements With Purpose-Built Technology Solutions

Dec. 6, 2023
The CMMC represents a critical mandate from the U.S. DOD. Aerospace & Defense manufacturers that handle controlled unclassified information (CUI) must comply with CMMC requirements...

Turning Your Frontline Workforce into a Competitive Advantage: A Comprehensive Guide

Sept. 19, 2023
In this guide, we'll explore how manufacturers are using digital technologies to preserve the bottom line and maintain growth by enabling and empowering their #1 asset - their...

Discrete and Process Manufacturing 2024 Trends and Outlook for North America

Oct. 29, 2023
Manufacturers are reaping the benefits of automation and cloud-based solutions. Discover what is driving today's industry trends and how they can shape your growth priorities ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!