allmetalworking > News & Topics >U.S. Q3 Tooling Shipments Increase Slightly
U.S. Q3 Tooling Shipments Increase Slightly
Author: American Machinist Magazine staff
Source From: American Machinist Magazine
Posted Date: 2010-11-03
Shipments of tooling components and workholding equipment totaled $58.3 million during the third quarter 2010, according to data provided by the Association for Manufacturing Technology’s Advanced Workholding Technology Group. The figure indicates an increase of 47.1% over the comparable period of 2009, and up 7.1% from the second quarter of 2010.
The group also reported that its members third-quarter 2010 employment levels increased 1.6% from the second quarter 2010, and increased by 4.7% against the third quarter of 2009.
AMT is the trade association for companies active in the machining sector, including machine shops and their suppliers of machinery and consumable products. Its Advanced Workholding Technology group includes 38 AMT member companies that produce chucks, jaws, collets, vises, fixtures, and other similar equipment.
The third-quarter figure is itemized as $48.6 million for domestic shipments of tooling and workholding products, a 5.2% increase; and $9.7 million for exports, a 16.8% increase.
In regional terms, the AWT report shows that third quarter 2010 workholding shipments to the Midwest increased 0.4% from the second quarter, 40.9% of all shipments, and keeping it the largest domestic destination.
In the Central states, the increase in shipments was 0.4%, giving that region an 18.8% share of domestic purchases.
Shipments to the Northeast states dropped 0.4% from the second quarter to the third, leaving that region with 16.0% of domestic shipments.
In the South, third quarter shipments increased by 0.2% as it held 14.0% of consumption for the period.
Last, in the Western states shipments fell by 0.6% from the second quarter to the third, leaving that region with a 10.4% share of the domestic market.
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