Manufacturing technology orders totaled $467 million in October, capping a three-month total of $1.6 billion since August. That sum represents the largest three-month total since April 1998. According to Industrial Journalist Thomas R. Cutler, “This three-month increase is coupled with an impressive 24 percent increase from the same 10 months in 2017.”
The AMT (The Association for Manufacturing Technology) reported that this is the time of year that users of manufacturing technology typically scramble to put new equipment in service for tax purposes. AMT members report that need, not tax issues, are dominating quotations and inquires in November and December. Indicators suggest continued growth in manufacturing at slower rates. It is very encouraging that with the significant increase in capital spending on capacity, capacity utilization rates continue to creep upwards.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., (www.trcutlerinc.com), the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 20-year anniversary of the founding of the Manufacturing Media Consortium, which now has more than 6,000 global members including journalists, editors, publishers, and economists, worldwide writing about trends, industrial data, manufacturing case studies, material handling profiles, and robotics feature articles. He maintains extraordinary relationships with clients, journalists, editors, economists, trendsetters, and key business leaders worldwide and has become a key resource for those writing about the manufacturing sector. Cutler is passionate about expanding the coverage and importance of the manufacturing media coverage.
The hot topics impacting the industrial and distribution sector for 2019 include robotics, Industry 4.0, Big Data, IIoT (Industrial Internet of Things), Mobile technology solutions, inventory control, procurement solutions, warehouse solutions at the distribution, warehouse, and 3PL levels. Manufacturing material flow, Fork Truck Free migration, global real-time actionable data, along with lean manufacturing, Six Sigma, Theory of Constraints continue to capture attention. Cutler is particularly focused on the growing role of Women in Manufacturing (at the C-Suite and on the plant floor). Cutler expects the interaction of manufacturing, logistics, last mile delivery issues to permeate the media conversation over the next year.
Cutler has authored more than 6,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals each published in leading monthly trade magazines, B2B periodicals, blogs, and marquis publications globally. Cutler is the most published freelance industrial journalist worldwide, and nearly 4000 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
Company Name: TR Cutler Inc.
Contact Person: Thomas R. Cutler
Email: Send Email
Address:3032 S. Oakland Forest Dr. S-2803
City: Fort Lauderdale
Country: United States