US machine tool orders increased by 92.7% year-on-year in July 2011

The American Manufacturing Technology Association (AMT) and the American Machine Tool Distributors Association (AMTDA) have released the latest statistics on US metalworking machine orders. In July 2011, the number of orders for metalworking machines in the United States was 2,053 units, a decrease of 5.6% from 2,175 units in the previous month, but an increase of 41.6% from 1,450 units in July 2010. In July, orders for metalworking machines in the United States were $507 million, an increase of 7.3% from $473 million in the previous month and an increase of 92.7% from $263 million in July 2010. From January to July 2011, the cumulative order volume of US metalworking machine tools was US$2.975 billion, a significant increase of 102.9% from US$1.466 billion in the same period of 2010. In terms of product categories, in July, the orders for US metal cutting machine tools and metal forming machine tools were 1,883 units and 170 units, respectively. In July, orders for metal cutting machines were $402 million, a slight decrease of 1.8% from $410 million last month, but an increase of 60.3% from $251 million in July 2010; orders for metal forming and manufacturing machines were US$105 million, an increase of 66.8% from US$32.72 million in the previous month and a surge of 758.8% from US$12.18 million in July 2010. From January to July 2011, the US metal cutting machine order volume was 2.647 billion US dollars, an increase of 94.3%; the metal forming and manufacturing machine tool orders amounted to 328 million US dollars, an increase of 214.8%. According to AMTDA Chairman Peter Borden, according to the current production pace, the sales of US machine tools in 2011 will exceed previous expectations. ”

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