After a wrenching 2009, when parts manufacturers saw precipitous sales declines and orders and sales of machine tools and cutting tools also dropped sharply, the U.S. metalworking industry experienced a relatively strong recovery in 2010. Demand for manufactured products in developing markets, a rebound in the domestic auto market and inventory rebuilding by companies that had been holding off on orders helped fuel the recovery.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2010-12-15
CTE source: https://ctemag.com/articles/moving/
Legacy path: /articles/moving