Workholding equipment shipments down
At $46.2 million for fourth quarter 2009, shipments of workholding equipment were down 19.0 percent from Q4 2008 according to the Advanced Workholding Technology (AWT) Group of AMT - The Association For Manufacturing Technology.
Workholding equipment shipments within the United States by the 38 companies participating in the AWT statistical report totaled $37.4 million while exports amounted to $8.8 million.
The report from the AWT shows that domestic workholding equipment shipments increased 8.0 percent and U.S. exports increased 81.9 percent from third quarter 2009. The Midwest increased 18.1 percent from third quarter and remained the largest domestic destination with 41.7 percent of total domestic shipments. Shipments to the Northeast fell 0.3 percent, but it was still the second largest domestic market with 18.3 percent of domestic shipments in the fourth quarter. Growth in the Central region was 25 percent, moving it above the South for the third largest share of domestic shipments. The West remained the smallest domestic market with a 21.1 percent decline from third quarter leaving it with less than 10 percent of domestic shipments for the first time in six quarters. Additionally, fourth quarter 2009 employment levels were down 0.5 percent from third quarter 2009 and down 19.0 percent when compared to the fourth quarter of 2008.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
