Position: Home » Industry News » German milling orders grown rapidly

Industry News

German milling orders grown rapidly

time:2011-08-13

German milling machine Tool Association data shows that in the second quarter German milling machine tool industry orders grow unexpected rapid, up to 71% from domestic demand, while foreign orders rose by 66%.

Nevertheless, Dr. Wilfried still wants to calmly judge the current situation. There are still many Drilling milling machine uncertain factors, such as the U.S. market sluggish, the Chinese market slow down, or the crisis arise in the financial sector. "Federation of German machine tool Association estimated that the machine tool sales wil fall 12% is still not changed."

In the first half of 2010, total demand for Vertical milling machine tools grew 58% by the previous year, and 51% from domestic customer orders, 61% from foreign customers. "In the state of the machine tool industry has experienced a sharp decline, now ushered in the best period of growth since the 1970s ."says Mr Wilfried, Federation of German Machine Tool Association.