Subscribe to our free, weekly email newsletter!


MHIA: Materials handling orders still growing

By Bob Trebilcock, Executive Editor
February 07, 2012

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
Executive Editor

Bob Trebilcock, executive editor, has covered materials handling, technology and supply chain topics for Modern Materials Handling since 1984. More recently, Trebilcock became editorial director of Supply Chain Management Review. 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!

Recent Entries

Early indications suggest 2014 on track to avoid second-half softening.

Report highlights executives' focus on direct store delivery processes.

Supply chain visibility is the Holy Grail for warehouses and distribution centers where the fast and efficient movement of goods is the solution to satisfying customer demand. This is especially true for the 68% of companies which are not satisfied with material movement efficiency from source to destination. These companies are seeking new ways to get the right goods to the right place at the right time. They are finding that change, complexity, compliance, competition, and connectivity are leading to further confusion.

Instead of ignoring a forklift fleet and its associated costs, asking the right questions can lead to substantial savings.

This white paper outlines five ways to increase profits with automation. By implementing automated storage and retrieval equipment-such as horizontal carousels, vertical carousels and vertical lift modules, multiple areas of a manufacturing or distribution facility will benefit from savings in inventory accessibility, floor space, time, improved ergonomics and better accuracy.

Article Topics

· Materials Handling · Modex 2012 · Economy · MHI · MHIA · All topics


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA