Material Handling Manufacturing Shifts Into Growth Mode

Material Handling Equipment Manufacturing (MHEM) is shifting into a growth mode. On a quarter-to-quarter basis (Qtr/Qtr) compared to the same period one year before, MHEM is currently growing at a rate of over 8%. And, it continues to move steadily along a forecasted line of improvement of 7% to 8% on an annual basis (Yr/Yr) by year end.

The Material Handling Equipment Manufacturing (MHEM) Forecast is produced quarterly by Material Handling Industry of America (MHIA) and serves as a good proxy for the material handling & logistics industry on this subject. MHEM represents over $20.0 Billion or approximately 30% to 35% of our estimate for US Material Handling Consumption of nearly $65 Billion.

MHEM includes:

Conveyors and Conveying Equipment

Overhead Traveling Cranes, Hoists, and Monorail Systems

Industrial Truck, Tractors, Trailers and Stacker Machinery

Other Material Handling Equipment

The Manufacturer's Alliance (MAPI) also indicates key information about our material handling end-user segments. The industry segments most likely to be active over the next year are associated with the decelerating decline and accelerating growth phases. By second quarter 2004, those segments currently in the decelerating growth phase will have moved into the accelerating decline phase.

For an overview of industry activity through the current quarter, please read the MHEM Segment Brief that includes a series of charts, tables and discussion points. The complete MHEM quarterly forecast is available to MHIA Members for $40 and to non-Members for $195. The Forecast can be ordered on-line at www.mhia.org/membersonly for MHIA members and www.mhiastore.org for non-members. For more information, contact the MHIA Literature Department at [email protected]

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