Show expected to spark additional machine tool orders
The International Manufacturing Technology Show (IMTS 98), previously called the "Machine Tool Show," presents the world's most advanced manufacturing equipment, controls, computers, and software.
The International Manufacturing Technology Show (IMTS 98), previously called the "Machine Tool Show," presents the world's most advanced manufacturing equipment, controls, computers, and software. The new technology offerings are expected to light a spark under machine tool orders, which traditionally fall behind the annual pace in the months preceding the biannual show.
June U.S. machine tool consumption totalled an estimated $597 million, up 10% compared to May, but down 25% compared to June 1997. Orders for the first six months are down 8%, compared to 1997.
IMTS 98 is Sept. 9-16 in Chicago.
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Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.