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Massimo Carboniero, President, UCIMU-SISTEMI PER PRODURRE is optimistic about the capability of Italian manufacturers.

Machine tools Reduction in order of machine tools globally

Jan 25, 2017

The Studies Department of UCIMU-SISTEMI PER PRODURRE recently recorded a 5.8% decrease in the index of machine tool orders in the third quarter of 2016 compared to the same period in the previous year.

The Studies Department of UCIMU-SISTEMI PER PRODURRE recently recorded a 5.8% decrease in the index of machine tool orders in the third quarter of 2016 compared to the same period in the previous year. Similar to what had happened in the second quarter of 2016, the outcome was due to the negative trend of foreign markets. The index of foreign orders registered a 6.8% drop, compared with the period July September 2015, showing the weakness of international demand, already evidenced by the latest available export figures. Elaborating on this, Massimo Carboniero, President, UCIMU-SISTEMI PER PRODURRE, stated, “We are not pleased with the slight slowdown shown by the index. However, we don't worry as our history teaches us that Italian manufacturers are really capable of re-orienting the offering towards the liveliest areas. This time, they are precisely starting from Italy, which is experiencing a definitely positive situation: the demand for machine tools is running due to the need for modernising production plants in the country.”

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