CEMA: Conveyor industry orders up 38.28% in first six months

The Conveyor Equipment Manufacturers Association (CEMA) recently reported that overall industry orders (bookings) for the first 6 months of 2011 increased 38.28% compared to the same period in 2010, with total orders of $4.58 billion.
image
By Modern Materials Handling Staff
October 03, 2011 - MMH Editorial

The Conveyor Equipment Manufacturers Association (CEMA) recently reported that overall industry orders (bookings) for the first 6 months of 2011 increased 38.28% compared to the same period in 2010, with total orders of $4.58 billion. CEMA estimates industry billed sales (shipments) for the first 6 months of 2011 increased 39.51% compared to the same period in 2010, with total shipments of $4.13 billion.

In the Bulk Conveying area, orders were up 31.0% and shipments were up 32.1%. Unit Handling orders were up 44.0% and shipments were up 46.2%.

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 Fall Meeting expressed cautious optimism for the remainder of 2011 and were forecasting a 18% increase in
shipments for 2011 (changed from March 2011 forecast of an 8% increase). CEMA President, George Huber III announced the results at the Association’s Fall Meeting in Chicago, Illinois.



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

MHI announced the MHI 2015 Innovation and Young Professional Award winners last night at their 70th Anniversary Celebration during ProMat 2015.

Today marks the conclusion of ProMat 2015, four days of comprehensive problem solving and networking to provide solutions to the complex manufacturing and supply chain challenges faced by industry today.

With a record 155,000 square feet of exhibit space reserved by nearly 350 companies back in December 2014, Modex 2016 will continue the show’s expansion in both solution offerings and popularity.

Doosan (Booth 662) highlighted the new BR18/20SP-7 narrow aisle reach truck, its first product in the class. It also showcased its first engine, which replaced third-party engines and is now used in all Doosan products.

During Wednesday’s afternoon keynote address, Apple co-founder Steve Wozniak, affectionately known as “The Woz,” suggested the future of technology now is every bit as uncertain to him as it was 30 years ago.

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