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.



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

Crown invited me to its flagship service center outside Chicago for a demonstration of their operator and technician training programs. Prepared for plenty of PowerPoints and goofy videos, I instead experienced two full days of hands-on, grease-covered, eye-opening and tremendously exciting education.

PwC CEO survey finds only 19% of top retailers say they can fulfill omni-channel demand profitably.

Seegrid’s former director of development from 2003-2007 returns to the company.

March shipments came in at 988,065, which easily eclipsed February by 24 percent, as well as March 2014 by 19 percent. Panjiva said total first quarter shipments at 2,580,899 were 4 percent ahead of the first quarter of 2014.

Diligent monitoring of battery inventory can cut waste, boost battery performance and lifespan, and increase productivity.

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA