Conveyors & Sorters: Let the good times ... Convey
The Conveyor Equipment Manufacturers Association (CEMA) sorts out the numbers
in the NewsSalonCentric: One Beautiful Network Q4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains The State of the DC Voice Market 2017 Admiral of the Ocean Sea Awards Ceremony Champions The Jones Act CSX provides update on Southeastern U.S. intermodal service More News
By anyone’s measure, the conveyor industry had a superior year in 2011 and is expecting strong growth again in 2012.
The conveyor industry shipped an estimated $8.5 billion in bulk and unit handling equipment in 2011, a 28% increase over 2010, according to Dan Fannin, chair of CEMA’s statistics committee and a past president of the organization. That compared to a 17.1% increase in the over all materials handling industry as measured by the Federal Reserve Board. CEMA members one-upped the overall industry, with a 32.1% increase in shipments.
Fannin expects growth to continue in 2012, with another 10% increase in shipments to $9.35 billion. While that is a slower pace of growth than in 2011, it is consistent with predictions of a declining rate of growth for the overall materials handling industry by MHIA.
Still, 10% represents a rate of growth that any industry vertical would be glad to post and represents the continued investments that companies are making to improve productivity.
About the AuthorBob Trebilcock Bob Trebilcock, editorial director, has covered materials handling, technology, logistics and supply chain topics for nearly 30 years. In addition to Supply Chain Management Review, he is also Executive Editor of Modern Materials Handling. A graduate of Bowling Green State University, Trebilcock lives in Keene, NH. He can be reached at 603-357-0484.
Subscribe to Modern Materials Handling Magazine!Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!
Injecting agility into WMS implementation The Big Picture: Business as Unusual View More From this Issue