MHIA: Materials handling orders still growing

By Bob Trebilcock, Executive Editor
February 07, 2012 - MMH Editorial

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

Movie intended to engage manufacturing employers and workers, legislators, educational facilities, reporters and even consumers.

New Women in Manufacturing Group’s survey results released ahead of Manufacturing Day.

New version of pallet and unit load design software now includes block pallet design and analysis

Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

Former senior vice president, CIO for CHEP brings 30 years of experience in global supply chains and information technology.

Article Topics

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

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