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1 month ago | 
amtonline.org | Arun Mahajan |Catherine Ross |Stephen LaMarca |Cathy Ma
The MFG Meeting 2025 gathered manufacturing leaders, innovators, and policy experts to discuss the forces shaping the future of our industry. Here are nine key takeaways we hope will provide you with the latest business intelligence and insights. The MFG Meeting 2025 in San Antonio was an energizing and timely gathering of manufacturing leaders, innovators, and policy experts who shared insights on the forces shaping the future of our industry.
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Nov 19, 2024 | 
amtonline.org | Conchi Aranguren |Amber Thomas |Fred Qian |Arun Mahajan
Numerous economic reforms are driving India’s growth in smartphones, aerospace, automotive, medical, and more, accelerating output as new orders have increased at a rate not seen in nearly 20 years. For more industry intel and other tidbits, read on. India’s manufacturing PMI rose to 57.5 in October, up from 56.5 in September. Meanwhile, the services PMI increased to 58.5 in October, compared to 57.7 in September.
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Oct 30, 2024 | 
amtonline.org | Bonnie Gurney |Arun Mahajan |Conchi Aranguren |Fred Qian
In early November, the China National Bureau of Statistics announced that the manufacturing Purchasing Managers' Index (PMI) was 50.1% in October, an increase of 0.3% from the previous month. This marks the first time in five months that the PMI has risen above 50, indicating a slight rebound in the manufacturing industry. This is the first increase in factory activity since April.
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Oct 29, 2024 | 
amtonline.org | Arun Mahajan |Stephen LaMarca |Conchi Aranguren |Bonnie Gurney
The organizations behind Formnext Chicago formally announce the postponement of the show, which was due to launch April 8-10, 2025, at Chicago’s McCormick Place. McLean, Va. (October 30, 2024) — The organizations behind Formnext Chicago formally announce the postponement of the show, which was due to launch April 8-10, 2025, at Chicago’s McCormick Place.
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Sep 19, 2024 | 
amtonline.org | Bonnie Gurney |Arun Mahajan |Christopher Chidzik |Harry Moser
DOWNLOAD FULL RELEASEChicago (September 26, 2024) — Sumitomo Drive Technologies, a brand of Sumitomo Machinery Corporation of America, received the 2024 National Metalworking Reshoring Award. The award was given in recognition of Sumitomo Drive Technologies’ success in bringing manufacturing to the United States through foreign direct investment and to Mexico via nearshoring. The 2024 award was presented on Sept.
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Sep 19, 2024 | 
amtonline.org | Bonnie Gurney |Arun Mahajan
Will lower demand slow India? Not likely. With manufacturing PMI high and GDP forecasting growth, the future is promising, especially for iPhone exports and the two-wheeler and construction industries. For more industry intel and other tidbits, read on. Due to weakened demand, India's manufacturing growth slowed to a three-month low in August. The manufacturing PMI dropped to 57.5 from July's 58.1. GDP growth for the quarter from April to June stood at 6.7%, down from over 7% in the previous quarter.
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Sep 5, 2024 | 
amtonline.org | Conchi Aranguren |Fred Qian |Amber Thomas |Arun Mahajan
India's manufacturing PMI decreased slightly to 56.5 in September from 57.5 in August. This was mainly due to a slowdown in new orders and export orders during the period. According to the latest Deloitte study, India’s economy is projected to grow between 7% and 7.2% in the current fiscal year. This projected growth is driven by strong government spending and a rising in manufacturing investments.
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Sep 5, 2024 | 
amtonline.org | Amber Thomas |Bonnie Gurney |Arun Mahajan |Fred Qian
Another month, another promising outlook for China’s industrial machinery and construction equipment sector. Will a timely stimulus package help the Chinese economy shine brighter? For more industry intel and other tidbits, read on. The China Machine Tool and Tools Builders’ Association (CMTBA) released a newsletter based on China’s customs’ data, finding that the total import and export of machine tools from January to July was $18.11 billion, a decrease of 2.6% compared to the previous year.
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Aug 23, 2024 | 
amtonline.org | Kristin Bartschi |Catherine Ross |Arun Mahajan |Fred Qian
The Chinese Machine Tool Builders Association (CMTBA) released statistics in early August showing that the import and export of China's machine tool industry decreased slightly overall in the first half of 2024 to a total value of $15.43 billion, shrinking 3% year over year. Imports decreased significantly to $5.05 billion, a shrinkage of 11.1% year over year, while exports increased slightly to $10.38 billion, up 1.4% year over year.
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Aug 6, 2024 | 
amtonline.org | Arun Mahajan |Michelle Edmonson |Bonnie Gurney |Gary Vasilash
With its rich history, McCormick Place serves as the perfect venue for AMT’s dedicated staff to create an extraordinary IMTS – every time. Chicago has long been a city where massive expositions showed off the latest technological developments.
