'IMTS Effect' Drives September Increase in Manufacturing Technology Orders
MCLEAN, VA — Manufacturing technology orders for September were up 56 percent compared to August and up 52 percent over September 2015, according to the latest U.S. Manufacturing Technology Orders report from The Association For Manufacturing Technology.
“Every two years in September, the impact of IMTS — The International Manufacturing Technology Show on the industry is reflected in the USMTO report. I call it the ‘IMTS Effect’,” said AMT President Douglas K. Woods. “This year’s uptick in orders indicates manufacturers are eager to see and confident enough to invest in the latest manufacturing technology to improve their operations and products, but the momentum will slow heading into 2017.”