Your Single Source For Doors Products & Material Handling Solutions
Search Mfg, Photos, Video & Keywords
  • Home
  • MAS Associates Line Card
  • Product Of The Month
  • MAS Associates News
  • MAS Associates Blog
  • Manufacture's PDF Catalogs
  • Videos & Photos Gallery
  • Mas Assoc File Upload
  • Contact Us
  • Export
  • About Us

MHIA Forecasts 12.0-14.0% Growth in Material Handling Equipment New Orders in 2010

10/5/2010

1 Comment

 
MHIA Forecasts 12.0-14.0% Growth in Material Handling Equipment New Orders in 2010Monday, September 20, 2010 Material handling equipment orders contracted 34.3% in 2009 are forecasted to grow 12.0-14.0% in 2010 if current momentum maintains, according to the latest Material Handling Equipment Manufacturing Forecast (MHEM) released by Material Handling Industry of America (MHIA). The outlook for 2011 is for growth in the 11.0 to 12.0% range.

“Industrial Production increased significantly in the first half of 2010 even though factory operating rates (utilization) remained very low by historical comparison," said Hal Vandiver, MHIA executive vice president of business development. "The demand that was created as the economy shifted from recession into recovery mode (filling supply chain pipelines, re-establishing inventories, and responding to pent up demand) was the principal impetus for improvement in the first two quarters in manufacturing, warehousing and distribution.”

"Forecasts are now calling for a combination of reduced GDP, corporate profit, business investment and output growth with utilization remaining below 75.0% until late 2011," added Vandiver. "This is largely due to uncertainty - consumers, investors and business owners need greater confidence in the economy's ability to sustain positive growth."

In addition, material handling equipment shipments contracted 33.4% in 2009 and are forecasted to grow 3.0 to 4.0% in 2010 and another 10.0 to 11.0 % in 2011. Domestic demand (shipments plus imports less exports) contracted 33.7% in 2009 and will grow 1.0 in 2010 and will likely mirror shipment growth in 2011. Exports will be stronger than Imports in 2010 and 2011.

The MHEM forecast of material handling equipment manufacturing is released each quarter by MHIA and looks 12 to 18 months forward to anticipate changes in the material handling and logistics marketplace.

1 Comment
Emo Girls in Oklahoma link
10/26/2022 04:13:49 am

This was a lovely bblog post

Reply



Leave a Reply.

    Archives

    December 2011
    June 2011
    May 2011
    March 2011
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.