AMT Reports Increased Consumption of Manufacturing Technology in June...

(Image courtesy of Kruse Kronicle)

A recent study by the Association for Manufacturing Technology (AMT) and the American Machine Tool Distributors' Association (AMTDA) has reported that the consumption of manufacturing technology processes is up nearly 36% from may and 71% from June of 2009. The gear manufacturing industry has been on a steady rise since our last article on the state of the manufacturing technology trends in America, meaning that those involved in gear manufacturing will have a lot more on their plate as we approach 2011. The data for the research was based on data reported by companies involved with the USMTC program. An article from geartechnology.com discusses the development:

"Typically, manufacturing technology order rates slow down in the months leading up to the International Manufacturing Technology Show-IMTS (Sept. 13-18, McCormick Place, Chicaco, IL), the largest production technology show in the Americas," said Douglas K. Woods, AMT president. "However, increased foreign direct investment and a doubling of orders in aerospace and construction equipment through the first half of 2010 resulted in an acceleration of USMTC order rather than the typical slow down."

As the demand for manufacturing technology continues to rise in the United States, it is likely that all of those involved in the gear manufacturing industry will have a steady stream of new clients and greater challenges on the horizon. For this reason, we at the Blog of a Gear Manufacturer, recommend paying attention to statistical changes in the manufacturing arena as soon as new information is available. By staying ahead of the curve, you are more likely to meet your customers expectation and surpass your business' capabilities.

To learn more about gear manufacturing, check out Gear Motions:

www.gearmotions.com

To read the article from geartechnology.com, click this link:

http://www.geartechnology.com/issues/0910x/industry.pdf