CEMA reports September booked orders down, shipments up year over year

Vice president says election uncertainty may have contributed to softening, post-election bump expected.
By Josh Bond, Associate Editor
November 09, 2012 - MMH Editorial

In accordance with the cautious optimism expressed among members during its annual meeting in September, the Conveyor Equipment Manufacturers Association reported strong year over year shipments in September, even as booked orders decreased 15.1% when compared to September 2011 orders.

“These numbers are no surprise. Members had reported a softening during the fall meeting, but we expect a bump in October,” said Bob Reinfried, executive vice president of CEMA. “If that doesn’t come, then we’ll have to go out and see what’s going on.”

Reinfried noted the election and general state of the economy as key influences on the softening, but said numbers could rebound now that uncertainty around the elections is resolved.

September 2012 booked orders when compared to August 2012 booked orders were down 20.4%. September booked orders were down 9.2% for bulk handling equipment and down 27.5% for unit handling equipment when compared to August.

CEMA’s September 2012 billed sales (shipments) increased by 17.1% when compared to September 2011 sales. September 2012 billed sales when compared to August 2012 billed sales were down 11.1%.

September billed sales were down 14% for bulk handling equipment and down 8.6% for unit handling equipment when compared to August.



About the Author

image
Josh Bond
Associate Editor

Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce.


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

Join Associate Editor Josh Bond and lift truck industry training expert, Jim Shephard share all the findings of Modern's annual Lift Truck User Survey. During this webcast, you'll receive detailed insights into users' practices around procuring, utilizing and maintaining their fleets.

Having grown from a local tool and die business established in 1962, company becomes 20th certified robot integrator.

Company celebrates 15th year on the NASDAQ since IPO in 1999.

Open Sky has already completed more than 270 supply chain software projects for clients in various industries.

Name change to take effect on Sept. 1; no changes planned for product line.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond

Comments

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


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