More Complex, Integrated Solutions Help Continue USMTC Increases in 2011

The U.S. manufacturing technology consumption has, again, exceeded March expectations and by a large margin.

According to AMTDA, the American Machine Tool Distributors’ Association and AMT – The Association for Manufacturing Technology, March U.S. manufacturing technology consumption totaled $511.15 million. This total, as reported by companies participating in the USMTC program, was up 57.6% from February, and up 99% when compared with the total of $256.88 million reported for March 2010. With a year-to-date total of $1,203.57 million, 2011 is up 118.6% compared with 2010.*

This is a great sign for the U.S. economy. Not only are customers modernizing to become more efficient and to increase capacity as energy and commodity process rise, but also, supplier price increases and reduced inventories seem to be pulling orders sooner in order to use year end depreciation tax advantages.

What is striking is the continued focus on delivering more complex and innovative solutions through collaboration between OEMs and their integration partners. This is the type of collaboration that will be on display at imX.

In the same way that machine tool sales are now combining more features for a total solution, imX is built on promoting Productivity over Capacity. The focus is not on showing every machine or product in a company’s inventory, but instead hosting a conversation on technology integration and innovation, both in the marketplace now, as well as what’s coming down the road.

imX is the forward launch point for manufacturing in the U.S., and we’re counting on you to be part of this “event like no other.”

Peter Borden, President

AMTDA

* For more information including regional breakdowns, visit the USMTC report online. The data in the USMTC report are based on the totals of actual data reported by companies participating in the USMTC program.