Manufacturing technology consumption up 138.1% year-over-year

U.S. manufacturing technology consumption totaled $329.43 million, down 10.9% from January 2011, up 99.3% from February 2010.

04/11/2011


February U.S. manufacturing technology consumption totaled $329.43 million, according to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total, as reported by companies participating in the USMTC program, was down 10.9% from January but up 99.3% when compared with the total of $165.31 million reported for February 2010. With a year-to-date total of $699.16 million, 2011 is up 138.1% compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.

“The dramatic year-over-year growth further underscores the manufacturing renaissance that is taking place,” said Douglas K. Woods, President of AMT. “As February is a short month, the slight decline from January is to be expected, but the overall gains compared with February 2010 point to our belief that 2011 will be a strong year for the industry.”

The United States Manufacturing Technology Consumption (USMTC) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. consumption data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology consumption provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

U.S. manufacturing technology consumption is also reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region

Northeast Region manufacturing technology consumption in February stood at $55.16 million, 10.6% higher than January’s $49.86 million and 104.4% higher than the tally for the previous February. With a year-to-date total of $105.03 million, 2011 is up 310.7% when compared with 2010.

Southern Region

Manufacturing technology consumption in the Southern Region in February stood at $34.35 million, down 36.0% from January’s $53.66 million but up 73.1% when compared with the February 2010 figure. The $88.01 million year-to-date total is 85.8% more than the total for the same period in 2010.

Midwest Region

Midwest Region manufacturing technology consumption totaled $112.90 million in February, up slightly when compared with January’s $112.47 million and up 161.2% when compared with the total for February 2010. At $225.38 million, 2011 year-to-date is up 178.8% when compared with last year at the same time.

Central Region

At $97.49 million, February manufacturing technology consumption in the Central Region was 11.3% lower than January’s $109.91 million but up 88.3% when compared with last February. The year-to-date total of $207.40 million is 166.5% more than the comparable figure for 2010.

Western Region

February manufacturing technology consumption in the Western Region totaled $29.52 million, down 32.6% from January’s $43.82 million but 25.7% higher than the February 2010 total. With a year-to-date total of $73.34 million, 2011 is up 109.0% when compared with 2010 at the same time.

www.amtonline.org

The Association For Manufacturing Technology

- Edited by Gust Gianos, Plant Engineering, www.plantengineering.com



Top Plant
The Top Plant program honors outstanding manufacturing facilities in North America.
Product of the Year
The Product of the Year program recognizes products newly released in the manufacturing industries.
System Integrator of the Year
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
June 2018
2018 Lubrication Guide, Motor and maintenance management, Control system migration
May 2018
Electrical standards, robots and Lean manufacturing, and how an aluminum packaging plant is helping community growth.
April 2018
2017 Product of the Year winners, retrofitting a press, IMTS and Hannover Messe preview, natural refrigerants, testing steam traps
June 2018
Machine learning, produced water benefits, programming cavity pumps
April 2018
ROVs, rigs, and the real time; wellsite valve manifolds; AI on a chip; analytics use for pipelines
February 2018
Focus on power systems, process safety, electrical and power systems, edge computing in the oil & gas industry
Spring 2018
Burners for heat-treating furnaces, CHP, dryers, gas humidification, and more
April 2018
Implementing a DCS, stepper motors, intelligent motion control, remote monitoring of irrigation systems
February 2018
Setting internal automation standards

Annual Salary Survey

After two years of economic concerns, manufacturing leaders once again have homed in on the single biggest issue facing their operations:

It's the workers—or more specifically, the lack of workers.

The 2017 Plant Engineering Salary Survey looks at not just what plant managers make, but what they think. As they look across their plants today, plant managers say they don’t have the operational depth to take on the new technologies and new challenges of global manufacturing.

Read more: 2017 Salary Survey

The Maintenance and Reliability Coach's blog
Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
One Voice for Manufacturing
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Maintenance and Reliability Professionals Blog
The Society for Maintenance and Reliability Professionals an organization devoted...
Machine Safety
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
Research Analyst Blog
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Marshall on Maintenance
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
Lachance on CMMS
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
Electrical Safety Update
This digital report explains how plant engineers need to take greater care when it comes to electrical safety incidents on the plant floor.
Maintenance & Safety
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
IIoT: Machines, Equipment, & Asset Management
Articles in this digital report highlight technologies that enable Industrial Internet of Things, IIoT-related products and strategies.
Randy Steele
Maintenance Manager; California Oils Corp.
Matthew J. Woo, PE, RCDD, LEED AP BD+C
Associate, Electrical Engineering; Wood Harbinger
Randy Oliver
Control Systems Engineer; Robert Bosch Corp.
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me