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Industry Group Says Manufacturing to Show Solid Growth of 2.8% in 2014 2013-03-08
Author: IW Staff
From: Industry Week
High-tech manufacturing production, which accounts for approximately 10% of all manufacturing, is anticipated to grow 4.3% in 2013 and 9% in 2014.
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Federal Fiscal Woes Don’t Ruffle Business Prospects Among Equipment Makers 2013-02-28
Author: Pat Toensmeier
From: IMT Machining Journal
With the fiscal cliff averted — at least for now — and Congress gearing up for a showdown in March about raising the U.S. debt ceiling, which reached $16.4 trillion in December, questions abound as to what impact the shaky economy is having on the machine tool industry in terms of planning and sales. Based on feedback from equipment suppliers, the general answer is none, though there are pockets of concern in the market.
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Revenue of System Integrators Worldwide Expect Revenue Growth In 2013 2013-02-22
Author: Control System Integrators Association
From: Control Engineering
More Manufacturers Will Look To Experts Like CSIA Members For Help In Managing Risk And Automating Their Industrial Equipment And Systems.
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U.S. Machine Tool Orders Rose in December, Edged Up for 2012 2013-02-15
Author: Robert Brooks
From: American Machanist
$5.706 billion in December, “highest order total in 13 years certainly confirms the renaissance of U.S. manufacturing…”
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Global Steel Production Hit Record High in 2012 2013-02-08
Author: Ilya Leybovich
From: ThomasNet.com
Worldwide steel production steadily increased last year, led primarily by gains in North America and Asia. Although the pace of growth slowed slightly, total steel production in 2012 still hit a record high level.
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U.S. Machine Tool Orders Fell 11% in November 2013-01-31
Author: Robert Brooks
From: American Mechanist
U.S. manufacturers’ new orders for machine tools and related technology fell 11.0% from October to November 2012, to a total of $421,826,000, according to the monthly United States Manufacturing Technology Orders (USMTO) report released by AMT.
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Positive Results in 2012 for the Italian Machine Tool Sales 2013-01-24
Author: American Mechanist Editors
From: American Mechanist
Italy’s manufacturing technology producers made it through 2012 with an overall positive result, but the trade association that represents them registered concern that the manufacturing sector recovery that followed the 2009 global financial crisis has lost its momentum.
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Contraction Forecast for the Global Motion Control Market in 2012 2013-01-18
Author: Jurgen Wirtz
From: IEN Europe
The global motion control market is forecast to decline by 1.9 percent compared to 2011. In 2013, the global motion control market is projected to rebound with revenue growth of nearly 5 percent spurred by recovery of the Chinese market but limited by the continued Eurozone recession.
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Sales of German plastics, rubber machinery showing positive development 2013-01-18
Author: Eric Culp
From: ETMM
Announcement of increase of German-made equipment sales in 2012 beats previous predictions.
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Sandvik allots €23.5 mln for expansions 2013-01-11
Author: Eric Culp
From: etmm-online
Sandvik has announced it will invest some €23.5 million in operations of its Coromant division based in Sweden and China. The company said it plans to create a new prototype workshop for cemented-carbide tools and a new productivity and application centre in Sandviken, Sweden, and a new application centre at the production unit in Langfang, China.
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