Japan Machine Tool Industry in August 2011

Japan Milling Machine Tool Industry Association (JMTBA) released the latest data showed that in August 2011 the initial orders for milling machine tool amounted to 98.962 billion yen, fell 12.7% 113.224 billion last month , but still higher than August 2010 month, of 85.851 billion yen rose 15.3 percent. Japanese Vertical milling machine tool orders in seven months break one hundred billion yen, the amount of monthly orders for the first time this year, dropped back less than one hundred billion yen. August 2011, the Japanese milling machine tool orders amounted to 886.625 billion yen, compared with growth of 45.1% over the same period in 2010.

Demands from domestic and foreign Japan vertical milling machine tool orders amounted to 37.517 billion yen, growth of 4.9% year on year increase of 31.1%. In August, the overseas orders amounted to 61.445 billion yen machine, a decline of 20.8%, but an increase of 7.4% over the same period in 2011. In August, the Japanese machine tool orders for the domestic accumulation of 281.248 billion yen, an increase of 46%; cumulative overseas orders to 605.377 billion yen, an increase of 44.7%.

article Source: bed-type milling machine