CEMA: Conveyor industry North American shipments break record in 2011

The Conveyor Equipment Manufacturers Association estimates that shipments totaled $8.502 billion for 2011, an increase of $1.86 billion from 2010 shipments of $6.642 billion.
By Modern Materials Handling Staff
March 14, 2012 - MMH Editorial

The Conveyor Equipment Manufacturers Association‘s (CEMA) President, George Huber III, announced the financial results at the association’s 79th annual meeting in Miami, Florida earlier this month. He reported that 2011 shipments in North America were up 28%. CEMA estimates that shipments totaled $8.502 billion for 2011, an increase of $1.86 billion from 2010 shipments of $6.642 billion. CEMA estimates that new orders totaled $9.310 billion in 2011. New orders in 2011 were $2.28 billion more than 2010, representing an increase of 33.3%. 

CEMA tracks new orders and shipped sales volume in seven classes of unit handling equipment and five classes of bulk handling equipment. 

The executives representing CEMA member companies who attended the annual meeting expressed continued optimism for 2012 and forecasted a 10% increase in shipments.

Founded in 1933, CEMA is the trade association of leading North American conveyor equipment manufacturers and engineering firms. CEMA also makes available to member and nonmember companies, safety labels for all types of conveyor equipment as well as useful technical information and manuals.



About the Author

Modern Materials Handling Staff

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

Despite advances in process automation, vital business processes consisting of data-driven tasks such as collecting, reviewing, and inputting information still exist in most organizations. These tasks are mundane, repetitive and... okay, boring.

Pressure-senstitive labeling machinery company expands Accraply's products and markets.

The new tire handling systems group will offer a variety of services including design engineering, project management, site supervision, controls, software, automated storage and retrieval, and custom manufacturing solutions specific to the tire industry.

New facility to house more than 300 engineers, project managers, sales, customer service and administrative staff.

Material handling parts distributor acquires Mid-Atlantic industrial safety distributor.

Comments

Post a comment
Commenting is not available in this channel entry.