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Manufacturing Technology Orders up 13.6% in May
2013-07-09 06:00:00| Industrial Newsroom - All News for Today
AMT's United States Manufacturing Technology Orders (USMTO) Report shows $430.06 million total for May. With year-to-date total of $2,085.14 million, 2013 is down 6.9% compared with 2012. AMT's Patrick W. McGibbon commented that "New technologies are creating change in automotive production, while many aerospace manufacturers are making shifts within their supply chains." McGibbon also attributed growth to cost advantages of manufacturing within USA and foreign direct investment. This story is related to the following:Trade Associations
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Category:Industrial Goods and Services