AMT: Manufacturing Orders Down 2.8 Percent, But Still Above Historical New orders of manufacturing technology totaled $398.9 million in September 2023, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. September orders declined 2.8 percent from August 2023 and 23.4% from September 2022. Year-to-date orders reached $3.64 billion, 13.8% lower than the first three quar- ters of 2022. “Though 2023 orders are down, activity is still above long-term historical averages, indicating relative health overall,”said Douglas K. Woods, president of AMT. “We are still seeing strength in key industries, with contract ma- chine shops, medical, and automotive continuing to invest heavily in manufacturing technology.” Contract machine shops increased order value by nearly a third while units ordered grew by a much smaller degree. Similarly, manufacturers of medical supplies dra- matically increased their overall spending. The automotive sector also continued to increase orders. Because of the longer production horizon as well as a sustained increase in demand for new vehicles, automotive manufacturers made capital spending investments despite labor chal- lenges. “The disparity in manufacturing technology investment across industries indicates that not all are paring back capital spending at once,” said Woods. “Industries that are spending healthily on manufacturing tech appear to be shifting expenditures toward highly automated machinery as evidenced by rising per-unit values.” Though year-to-date orders have declined compared to a strong 2022, order levels are above historical averag- es, and there are pockets of strength in several industries. “Industries supported by high consumer demand and benefiting from long production timelines continued to be reliable customers of manufacturing technology,” said Woods. “We are detecting a shift in capital goods invest- ment toward improving productivity through adoption of manufacturing technology automation.” The United States Manufacturing Technology Orders (USMTO) Report is based on the totals of actual data re- ported by participating companies. This report provides regional and national U.S. orders data of domestic and imported machine tools. Analysis of manufacturing tech- nology orders provides a leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity. AMT represents U.S.-based providers of manufacturing technology – the advanced machinery, devices, and digi- tal equipment that U.S. manufacturing relies on to be pro- ductive, innovative, and competitive. Located in McLean, Virginia, AMT acts as the industry’s voice to speed the pace of innovation and develop manufacturing’s advanced workforce of tomorrow.
Board Converting NEWS INTERNET DIRECTORY
CORRUGATED REPLACEMENTS, INC. www.corrugatedparts.com
Corrugated Replacements, Inc. is a production powerhouse that manufactures high quality machine parts and replace- ment parts for the corrugated and paperboard converting industries. CRI can redesign, engineer, and manufacture any part while providing a rapid turn-around rate, keeping machines running at their peak performance and limiting down time.
C.U.E., INC. www.AnvilCovers.com
Makers of single and dual-width Timesaver® Anvil Covers, the premier urethane anvil cover for corrugated die cutting. Timesaver® covers feature construction of solid steel back- ing and solid steel locking components to ensure a precise fit every time. C.U.E., Inc. also offers Dura-Latch and Cor- Lock anvil covers, and urethane Lead Edge Feed Wheels.
EMBA www.embausa.com
The EMBA group supports a complete line of corrugated converting machinery for the worldwide market. EMBA’s Quick Set technology enables the highest productivity across a broad range of converting equipment, from mini to super jumbo. EMBA also includes the McKinley jumbo line of flexo folder gluers and rotary die cutters as well as ser- vice, rebuilds and upgrades for both EMBA and McKinley.
EAGLEWOOD TECHNOLOGIES, LLC www.eaglewoodtech.com
Eaglewood Technologies offers trusted cleaning technolo- gies for the world’s best printers and converters. Solutions include the award winning Sitexco+ Anilox Laser System, the Nanovis Parts Washing System, the Sitexco L10 Label System, the innovative Sanilox™ System or Alphasonics solutions. We also offer Xpress™ mobile cleaning service at your facility or ours. ESKO www.esko.com ArtiosCAD and Kongsberg are the most trusted names in CAD/CAM solutions. Esko’s ArtiosCAD is the most widely used CAD software in the world. Esko’s Kongsberg series of tables brings you reliable, outstanding quality for sample- making and short run production.
DOMINO www.dominodigitalprinting.com
Domino is a leading manufacturer and distributor of digital printing and product identification solutions. Celebrating its 44th year, Domino is headquartered in the UK and North America headquarters are Illinois. Domino has 25 subsid- iaries, representation in over 120 countries, and over 2,900 employees worldwide .
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November 20, 2023
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