The Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders (bookings) for the first six months of 2014 increased 2.59% compared to the same period in 2013, with total orders of $5.32 billion. CEMA estimates industry billed sales (shipments) for the first six months of 2014 increased 5.82% compared to the same period in 2013, with total shipments of $5.35 billion.
Unit Handling orders were up 10.49% and shipments were up 15.36%. In the Bulk Conveying area, orders were down 8.67% and shipments were down 7.85%.
CEMA tracks new orders and shipped sales volume in nine classes of unit handling equipment and four classes of bulk handling equipment.
The executives representing CEMA member companies who attended the Fall meeting expressed optimism for the remainder of 2014. As a result of this optimism, the updated forecast is for a 5% increase in 2014 shipments (changed from March 2014 forecast of a 2% increase). CEMA president, Jerry Heathman announced the results at the Association’s Fall Meeting in Chicago.
Founded in 1933, CEMA is the trade association of leading North American conveyor equipment manufacturers and engineering firms.
CEMA also makes available to member and nonmember companies, safety labels for all types of conveyor equipment as well as useful technical information and manuals.
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