German machine tool industry maintains record order level

Image Courtesy of Fraunhofer IGD

In the second quarter of 2018, order bookings in the German machine tool industry increased by two per cent compared to the preceding year’s equivalent period. Domestic orders were up by 29 per cent, while export orders fell by nine per cent. In the first half of this year, order bookings rose by twelve per cent. Domestic orders were up by 34 per cent, exports by three per cent.
“Orders from Germany and abroad are at present widely divergent,&rdqu…



Source URL: German machine tool industry maintains record order level

Source Website: Advance Engineering – Engineering.com

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