Expansion Continues for Italian Machine Tool Sector

May 07, 2015 681

by Robert Brooks

Italian machine tool builders recorded increased orders for new systems during the first quarter of 2015, with overall demand growing 2.2% versus Q1 2015. Italy has one of the largest machine tool building industries in the world, as well as a large domestic manufacturing sector.

According to UCIMU-Sistemi per Produrre (whose members design and manufacture machine tools as well as automation products), the year-on-year growth extends the sector's expansion to six consecutive quarters, with the strongest demand from the domestic market coming in the most recent quarter.

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Source: http://americanmachinist.com/

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