MHIA: Growth is back

摘要

IT'S Still A Far Cry From 2007, but the materials handling industry is growing once again. Following a 34.3% decline in equipment orders in 2009, the Material Handling Industry of America (Mhia, www.mhia.org) is forecasting equipment orders to grow 12% to 14% in 2010 if the current momentum continues. A variety of factors are driving growth in manufacturing, warehousing and distribution on a global basis, especially an increase in industrial production in the first half of 2010 despite factory utilization rates that remain very low by historical comparison.