|
At a recent State of the Industry press conference, the
Material Handling Industry of America (MHIA) announced the predicted outlook
numbers for 2011. Citing significant recovery from the recession that begun in
2008, George Prest, chief operating officer for the MHIA, told the audience
that the industry sees $75 billion being spent on materials handing throughout
the next year-and-a-half.
The number is based on a couple of factors: how much money
the conferences' attendees said they planned on spending in the next year, and
the number of pre-registrations for the event compared to the number from 2009.
Prest describes the recovery of the material handling sector
over the past couple years as appearing V-shape. According to a report from the
Material Handling Equipment Manufacturers (MHEM), new orders grew by 18% from
2009-2010. For the coming year, the organization forecasts between 11-12% growth.
Do you think these numbers are feasible?
Source: Modern
Materials Handling
| 
Re: Materials Handing Sector Sees Steady Rebound
