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Society of Manufacturing Engineers: Machine Tool Orders Fall in January, Coronavirus May Delay Industry Comeback
March 10, 2020
DEARBORN, Michigan, March 10 -- The Society of Manufacturing Engineers issued the following news release:

Machine tool orders fell sharply in January while the new coronavirus (COVID-19) may delay the industry's comeback, AMT - The Association for Manufacturing Technology, said in a monthly report.

Orders for January totaled $239.4 million for the first month of 2020. That was a 32 percent fall from an adjusted $398.8 million for December. It was also a 34 percent decli . . .

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