World Machine Tool Output & Consumption Survey

Metalworking plants in the United States keep expanding after the 2008-2009 plunge, installing $8.7 billion worth of productive new machine tools last year, according to the most recent annual World Machine Tool Output & Consumption Survey.

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Metalworking plants in the United States keep expanding after the 2008-2009 plunge, installing $8.7 billion worth of productive new machine tools last year, according to the most recent annual World Machine Tool Output & Consumption Survey. That figure is a 19-percent improvement from the year before, and it represents an all-time high, slightly surpassing previous peaks in 2008 and in 1998. Imported equipment represents a high percentage of those installations.

See the full report from Gardner Business Media here.