WORKHOLDING SHIPMENTS UP FROM FIRST QUARTER 2010

At $53.8 million for second quarter 2010, shipments of workholding equipment were up 46.3 percent from second quarter 2009 according to the Advanced Workholding Technology (AWT) Group of AMT – The Association For Manufacturing Technology. Workholding equipment shipments within the U.S. by the 37 companies participating in the AWT statistical report totaled $45.7 million, while exports amounted to $8.1 million.

The report from the AWT shows that domestic workholding equipment shipments increased 7.4 percent and U.S. exports increased 9.4 percent from first quarter 2010. The Midwest increased 9.2 percent from first quarter 2010 and remained the largest domestic destination with 40.5 percent of total domestic shipments.

Growth in the Central region was 4.8 percent, moving it above the Northeast for the second largest share of domestic shipments, with 18.4 percent domestic share. Shipments to the Northeast rose by 2.7 percent, moving down to the third largest domestic market with 16.4 percent of domestic shipments in the second quarter. The South had 13.8 percent of second quarter 2010 domestic shipments, with an increase of 7.9 percent from the previous quarter. The West remained the smallest domestic market again with a 6.5 percent increase from first quarter leaving it with 11.0 percent share. Additionally, second quarter 2010 employment levels were up 1.0 percent from first quarter 2010 but only increased by 0.1 percent when compared to the second quarter of 2009.

The Advanced Workholding Technology Group is comprised of AMT members that produce chucks, jaws, collets, vises, fixtures, and other workholding equipment. The AWT operates as a forum to serve the interests of U.S. manufacturers of workholding equipment.

———————————————————————————————–

www.AMTonline.org