CEMA offers update on conveying equipment sales, shipments

By |  September 23, 2016

cema-logoThe Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders for the first six months of 2016 decreased 0.93 percent compared with the same period in 2015.

According to CEMA, orders of conveying equipment totaled $5.67 billion during the period.

CEMA estimates industry shipments for the period increased 3.15 percent compared with the first six months of 2015. More than $6 billion in conveying equipment was shipped.

Executives representing CEMA member companies who attended the association’s fall meeting expressed some concerns over shipments for the remainder of the year, the association adds. The association is forecasting flat shipments for the rest of 2016.

Founded in 1933, CEMA is the trade association of conveyor equipment manufacturers and engineering firms in the Americas.

Kevin Yanik

About the Author:

Kevin Yanik is the editor-in-chief of Pit & Quarry magazine. Yanik can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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