Exports sustain machine builders

Exports sustain machine builders

European machine tool shipments grew 6% in value during 2012 over the previous year, increasing to €22.2bn, as the region's machine tool builders continue to rely heavily on exports for growth.
The information was released by CECIMO, the European Association of the Machine Tool Industries, which also forecast that global demand would drive a 15% increase in new machine tool orders this year.
Of the total 2012 shipments, exports... [Read More]