MHIA: Materials handling orders still growing

New orders for materials handling equipment grew by 15% in 2011 while shipments of equipment grew by 17.1%.

By ·

New orders for materials handling equipment grew by 15% in 2011 while shipments of equipment grew by 17.1%.

Those were two key points of economic data presented by Dave Young, chairman of the Material Handling Industry of America (MHIA) and George Prest, the organization’s CEO, at yesterday’s annual look at the state of the industry.  The industry statistics are gathered by the MHIA business planning community and presented on a quarterly basis by the Material Handling Equipment Manufacturing forecast.

Looking forward, MHIA is forecasting continued, but slower growth in new orders of 8% for 2012 followed by an uptick in orders to 12% in 2013.

“We think the industry is in a sweet spot right now,” Prest said. “Our members tell us they have seen a lot of inquiries from end users and that there are more projects in the pipeline.”

Some of the slowdown in growth forecast for 2012 may be attributed to end users pausing to absorb the projects they implemented in 2010 and 2011 before launching new initiatives in their plants and warehouses.

Some may also be explained by the uncertainty generated by an election year and economic turmoil in Europe. “Our members tell us that there is still money on the sidelines,” Young said. “End users have projects that have been approved and funded, but are waiting until they have a clearer idea of worldwide demand.”

In other news, MHIA introduced a new industry group – the Protective Guarding Manufacturers Association, or ProGMA – which represents manufacturers of products such as safety netting, gates and fencing designed to protect people, assets and inventory in an industrial setting. ProGMA brings the total of industry groups to 19.

image

Modex 2012 is scheduled to be held February 6-9, 2012 in Atlanta’s Georgia World Congress Center. The tradeshow will showcase the latest manufacturing, distribution and supply chain solutions in the material handling and logistics industry. Modern’s complete Modex 2012 coverage.


About the Author

Bob Trebilcock
Bob Trebilcock, editorial director, has covered materials handling, technology, logistics and supply chain topics for nearly 30 years. In addition to Supply Chain Management Review, he is also Executive Editor of Modern Materials Handling. A graduate of Bowling Green State University, Trebilcock lives in Keene, NH. He can be reached at 603-357-0484.

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Just Released: Understanding Hazmat Transportation Management
The rules and regulations governing the transportation of hazardous materials (hazmat) are complex.
Download Today!
From the July 2017 Logistics Management Issue
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish demand and political doubt. The result: “cognitive dissonance” that finds a $1.4 trillion market scratching its head.
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots
Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
28th Annual State of Logistics: Into the great unknown
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...