Mexican Media Brands
2015 Capital Spending Forecast for Machine Tools is $8.8 Billion
The forecast for machine tools is $8.8 billion. This is up almost 37% and would be the highest amount of spending since 1998. A general trend in machine types that are hot is either small or vertical. Grinding continues to be very, very strong – about 40% more than the previous high year.
#economics
Share
The forecast for machine tools is $8.8 billion. This is up almost 37% and would be the highest amount of spending since 1998.
A general trend in machine types that are hot is either small or vertical. Grinding continues to be very, very strong – about 40% more than the previous high year.
Projected spending for Job Shops is nearly $2.5 billion, which is up about 10%. Projected spending for Machinery/Equipment Manufacturing is $1.2 billion, which is up about 70%. Rounding out the top five industries are Automotive ($759 million), Pumps/Valves/Plumbing Products ($688 million), and Forming/Fabricating – Non-Auto ($494 million).
Forecasted spending for industrial mold shops is $527 million, which is up about 12% from last year. Spending for Custom Processors is projected at $328 million, which is almost 3 times last year.
Need more information?
Contact your GPI representative or
Steve Kline, Jr.
Director of Market Intelligence
Gardner Business Media, Inc.
513-527-8800
800-950-8020
Fax: 513-527-8801
capmkt@gardnerweb.com
RELATED CONTENT
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.