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Industry News
12th July 2017

Machine Tool orders rise in May, AMT says

Machine tool orders rose in May as the industry recovers from a two-year slump, the Association of Manufacturing Technology said in a monthly report. Orders totaled $351.85 million for the month, AMT said. That’s up 3.1 percent from an adjusted $341.33 million for April and 22 percent increase from $288.92 million in May 2016.

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