NEWS DESK
the supply chain. ERP data can be viewed and shared in real time through social media and the latest mobility devices. Or manufacturers can interact in a virtual reality with their internal staff and customers in design, proof of concept and validation processes through sophisticated audiovisual and information technology. In addition, no FABTECH event would be complete with- out an education program that featured the latest technol- ogy trends in lasers, cutting, welding, automation, forming and fabricating, and stamping, and the management insight needed for workforce development and lean practices for job-shop success.
—Senior Editor James Lorincz
‘IMTS Effect’ Produces Surge in Machine Tool Orders
S
eptember’s IMTS 2016 show in Chicago produced a surge in machine tool orders that the industry had wanted.
Orders of machine tools for machine tools and related equipment skyrocketed 56% to $497.25 million in Septem- ber from an adjusted $319 million in August, The Association For Manufacturing Technology (McLean, VA) said in a report released in November. The orders were up 52% from Sep- tember 2015 levels of $327.1 million. AMT produces and organizes the International Manufactur-
ing Technology Show, held every other year in Chicago. The group dubbed the order surge in September the “IMTS effect.” However, AMT cautioned a sustained recovery in manu- facturing tech orders has not yet arrived. “This year’s uptick in orders indicates manufacturers are eager to see and confident enough to invest in the latest manufacturing technology,” Douglas K. Woods, AMT’s presi- dent, said in a statement. But he added that “the momentum will slow heading into 2017.” For the first nine months, orders slid 6.4% to $2.91 billion,
according to AMT. The figures are based on companies partici- pating in AMT’s US Manufacturing Technology Orders program.
DID YOU KNOW? INDUSTRIAL OVENS
LEWCO is the ONLY U.S. based Industrial Oven manufacturer that also manufactures a standard line of conveyor products. With both standard product lines, LEWCO has a technical advantage on process heating applications that require integrated material handling. Our industrial oven and conveyor engineers work closely together to select the oven and conveyor components that are best suited to meet your application requirements.
We welcome your business!
Contact one of our Applications Engineers today at 419.502.2780 or email us at
ovensales@lewcoinc.com
ISO 9001 Certified Visit us online:
www.lewcoinc.com
20
AdvancedManufacturing.org | January 2017
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