How Did Sales of Machine Tools Go in 2018?

On the surface, the findings of Gardner Intelligence’s latest World Machine Tool Survey portray a seemingly ordinary year for the machine tool industry. But scratch the surface, and we find something remarkable happening: Major geographic regions for machine tools are moving in very different directions.

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While the latest World Machine Tool Survey shows a seemingly ordinary year for the machine tool industry, scratching the surface reveals major geographic regions for machine tools are moving in different directions. 2018 global machine tool consumption is up 4.8% and the global machine tool boom continues, except in China. Read more