Orders for manufacturing technology climbed year over year and year to date in November 2017, according to the latest U.S. Manufacturing Technology Orders report from AMT – The Association For Manufacturing Technology. Orders totaled $426 million for the month, up 19 percent compared to November 2016. At a cumulative total of $4.1 billion for the year, orders were up 9.4 percent compared to the same point in 2016.
“The new tax law is a big victory for manufacturers, who have been fighting for meaningful tax reform for decades,” said AMT President Douglas K. Woods. “The lower rates together with expanded expensing provisions and a continued R&D tax credit will increase business confidence and investment at a time when transformative technologies