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The first quarter of 2017 reports of new orders for machine tools in Europe show that manufacturing demand in the region is growing. As a representative of the EU's industrial sector, the machine tool builders in Germany and Italy also testified to the fact that the manufacturing dynamism in both countries is increasing year by year.Metal Brass Polish Product Manufacturer
According to data from the German Association of Machine Tool Manufacturers (VDW), new orders for machine tools from Germany increased 6% in the first quarter of 2017 compared with the same period last year. Among them, the German domestic orders from manufacturers increased by 2% over the same period last year, foreign orders grew by 8%. "German machine tool industry orders have exceeded expectations," said Wilfried Sch? Fer, MD, executive director of VDW. In the EU, German machine tool makers' new orders increased by 23%. In addition, it is worth mentioning that orders from the Chinese market increased by more than 20%, mainly due to the large number of international automotive industry projects in the country .Brass Polish Custom Cnc Machining Parts Manufacturer
VDW said its member firm's metal forming equipment orders rose 13% in the first quarter of this year, while processing equipment orders rose only 3%. Demand for growth here mainly comes from overseas. VDW once again pointed out that orders for domestic processing equipment in Germany dropped by 4% on a year-on-year basis. "Overall, the German machine tool industry will continue its steady, high-level development without being affected by many crises and uncertainties in various regions of the world," emphasizes Dr. Schfer.
According to the Italian Association of Machine Tools, Robotics, Automation and Auxiliary Equipment Manufacturers (UCIMU-Sistemi per Produrre), orders for its member companies in the first quarter rose 5.1% from a year earlier. This is mainly due to the growth of domestic demand in Italy and the result of its domestic implementation of "Industry 4.0". "The solid industrial policies that government agencies provide to countries that are designed to promote the technology and organizational development of enterprises are undoubtedly forward-looking, because it is more than a mere inclusion of the rules in the plan, but also takes into account the current economic conditions. "Comments Massimo Carboniero, president of Ucimu. The association also mentioned that Italy's manufacturing orders in the first quarter of this year increased by 22.2% from a year earlier, while demand abroad was up 0.3% over the same period.Stainless Steel Polish Custom Cnc Machining Parts Manufacturer