"Manufacturing technology orders will be good but smaller than 2018, and we will see a significant move in the customer mix as large manufacturers shift capital liabilities down the supply chain or into the machine shop sector,” said Pat McGibbon, Chief Knowledge Officer for AMT.
“In the past four months, the share of total orders placed by machine shops increased more than 20 percent. This is typical of business cycles with disruptions rather than a decline in manufacturing activity."
Our NEWS blog section is written by several different people. Sometimes, it from our team here at Next Generation Tooling & at other times it's by one of the manufacturer's we represent.