(AMT: McLean, VA) -- July 2011 U.S. manufacturing technology orders totaled $506.97 million, according to the American Machine Tool Distributors’ Association (AMTDA) and The Association For Manufacturing Technology (AMT). This total, as reported by companies participating in the U.S. Manufacturing Technology Orders (USMTO) program was up 7.3 percent from June and up 92.7 percent when compared with the total of $263.14 million reported for July 2010. With a year-to-date total of more than $2.9 billion, 2011 is up 102.9 percent compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.

“The manufacturing beat goes on!” says Peter Borden, AMTDA president. “Machine tool sales continue to exceed forecasts for 2011. “The stock market’s volatility and the traditional summer slowdowns as budgets are depleted were no match for the ongoing demand to get new machines into production as soon as possible. This pace will slow, but for USMTO 2011 so far, there are no signs of what we hear on the nightly news.”

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