MHIA: Materials handling orders still growing

New orders for materials handling equipment grew by 15% in 2011 while shipments of equipment grew by 17.1%.

By ·

New orders for materials handling equipment grew by 15% in 2011 while shipments of equipment grew by 17.1%.

Those were two key points of economic data presented by Dave Young, chairman of the Material Handling Industry of America (MHIA) and George Prest, the organization’s CEO, at yesterday’s annual look at the state of the industry.  The industry statistics are gathered by the MHIA business planning community and presented on a quarterly basis by the Material Handling Equipment Manufacturing forecast.

Looking forward, MHIA is forecasting continued, but slower growth in new orders of 8% for 2012 followed by an uptick in orders to 12% in 2013.

“We think the industry is in a sweet spot right now,” Prest said. “Our members tell us they have seen a lot of inquiries from end users and that there are more projects in the pipeline.”

Some of the slowdown in growth forecast for 2012 may be attributed to end users pausing to absorb the projects they implemented in 2010 and 2011 before launching new initiatives in their plants and warehouses.

Some may also be explained by the uncertainty generated by an election year and economic turmoil in Europe. “Our members tell us that there is still money on the sidelines,” Young said. “End users have projects that have been approved and funded, but are waiting until they have a clearer idea of worldwide demand.”

In other news, MHIA introduced a new industry group – the Protective Guarding Manufacturers Association, or ProGMA – which represents manufacturers of products such as safety netting, gates and fencing designed to protect people, assets and inventory in an industrial setting. ProGMA brings the total of industry groups to 19.

image

Modex 2012 is scheduled to be held February 6-9, 2012 in Atlanta’s Georgia World Congress Center. The tradeshow will showcase the latest manufacturing, distribution and supply chain solutions in the material handling and logistics industry. Modern’s complete Modex 2012 coverage.


About the Author

Bob 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!

Article Topics

Economy · Materials Handling · MHI · Modex 2012 · · All Topics
Latest Whitepaper
Evaluating Goods-to-Person Technologies
This white paper overviews the various, self-contained, goods-to-person AS/RS systems available for handling the totes, cases and eaches most frequently faced by e-commerce order fulfillment operations, and the typical applications for each.
Download Today!
From the May 2017 MMH Issue
Every company considers itself an innovator. It’s time to include materials handling leaders in that category.
Top 20 Worldwide Materials Handling Systems Suppliers 2017
ERP Suppliers’ Changing Role
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2016 Warehouse/DC Operations Webcast: Confronting omni-channel complexity
During this webcast we’ll examine the current activities, trends, and best practices in warehouse and DC operations management and how companies plan to address complex issues associate with omni-channel fulfillment.
Register Today!
EDITORS' PICKS
Materials Handling Innovation (and why it matters)
Every company considers itself an innovator. It’s time to include materials handling leaders in...
Thrive Market’s Startup Distribution Network
How does a fastgrowing, e-commerce startup company build out order fulfillment capabilities? Thrive...

U.S. Roadmap for Material Handling & Logistics: Version 2.0 released today
On Tuesday, the U.S. Roadmap for Material Handling & Logistics: Version 2.0 will be released on...
2017 Productivity Achievement Awards
Modern’s annual Productivity Achievement Awards honor companies that have made exceptional...