U.S. Machine Tool Market Prompts Manufacturing Plant Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Manufacturing technology orders totaled $324.46 million in April this year, up from $288.80 million a year earlier, according to The Association for Manufacturing Technology. The positive direction for the manufacturing equipment technology market is at its highest in 13 years. Industrial Info is tracking cutting and machine tool manufacturing projects totaling $75 million in the U.S.

Machine tools are used to cut and shape metals and other materials based on product specifications. Machine tools can be conventional or numerically controlled, based on the mode of operation, and include items such as machining centers, turning machines and grinding machines. They are used extensively across various industries such as automotive, aerospace, electronics, die mold, part manufacturing and shipbuilding.

In Miamisburg, Ohio, United Grinding North America Incorporated's $13 million grassroot grinding tool and machine plant project includes a 100,000-square-foot manufacturing facility. Construction began in late fall 2016 and is anticipated for completion this fall. For more information, see Industrial Info's project report.

Schunk Intec Incorporated (Morrisville, North Carolina) is planning a $30 million project that would expand an existing 22,935-square-foot facility by constructing a 19,000-square-foot east side building addition and 22,000 square-foot three-story north side addition. Construction began this fall and is expected to be completed in the fall of 2018. For more information, see Industrial Info's project report.

In Hillside, Illinois, Belden Machine Corporation's $11 million precision universal joint project includes a 39,831-square-foot facility. Construction began in early 2017 and is anticipated for completion by yearend. For more information, see Industrial Info's project report.

Fall Machine Company LLC is expanding a 15,500-square-foot machine tool accessories facility in Somersworth, New Hampshire, with the addition of a 16,400-square-foot building. Construction of the $9 million project is expected to begin in this fall and be completed in the spring of 2018. For more information, see Industrial Info's project report.

In New Haven, Indiana, Continental Diamond Tool Corporation is building a 112,000-square-foot grassroot fabricated metal and machine shop with a total investment value of $12 million. Construction began this summer, with completion expected in early 2018. For more information, see Industrial Info's project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.