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April 2017 manufacturing technology orders totaled $324.46 million, up from $288.80 million in April 2016. Year-to-date orders totaled $1,290.34 million, up from $1,263.45 million at the same point in 2016. The USMTO report provides regional and national US orders data of domes- tic and imported machine tools and re- lated equipment. AMT represents and promotes US-based manufacturing technology and its members, including those who design, build, sell, and service the continuously evolving technology that lies at the heart of manufacturing. The USMTO report is compiled by AMT and all data in the report is based on the totals of actual data reported by c o m p a n i e s p a r t i c i p a t i n g i n t h e USMTO program. Coating equipment market to reach $19.33 billion by 2021 DUBLIN, Ireland—The coating equipment market is projected to reach $19.33 billion by 2021, at a CAGR of 5.8 percent from 2016 to 2021. Market growth can be attributed to increasing requirements of customers for quick de- livery of products, reduction in indus- trial maintenance time, and good finish. Thus, increasing acceptance of coating equipment to deliver these require- ments to customers is expected to drive the demand for coating equipment. This is according to Coating Equipment Market by Type (Liquid Coating Equip- ment, Powder Coating Equipment, and Specialty Coating Equipment), End User Industry (Automotive & Transportation, Aerospace, Industrial, and Building & In- frastructure) — Global Forecast to 2021, a market report offered by Research and Markets, an industrial research firm. I n c r e a s i n g n e e d f o r c u s t o m i z e d coating equipment in varied end-use industries is providing growth op- portunities for manufacturers of coating equipment. They are con- tinuously carrying out R&D activi- ties to develop new and advanced equipment that can meet varied re- quirements of customers. New tech- nological advancements taking place in coating equipment not only expe- dite coating processes, but also en- sure long-lasting coatings. Primary metals leading index decreases slightly in May RESTON, Va.—While both the pri- mary metals leading index and its 6- month smoothed growth rate decreased slightly in May, the primary metals lead- ing index 6-month smoothed growth rate has been above the +1.0 percent threshold since May 2016, which could signal near-term strength in primary metals industry activity. In April, the US nonferrous metal products inventories growth rate recorded its thirteenth con- secutive negative growth rate. Inventory decreases could indicate increased con- sumption in nonferrous metal products. The primary aluminum and primary copper 6-month smoothed growth rates posted their ninth and seventh consecu- tive months with double digit growth rates, respectively. The primary metals leading index de- creased to 162.7 in May from a down- wardly revised 163.0 in April, and its 6- month smoothed growth rate decreased to 1.9 percent in May from a down- wardly revised 2.8 percent in April. The 6-month smoothed growth rate is a com- pound annual rate that measures the near-term trend. Usually, a growth rate above +1.0 percent signals an increase in metals activity, and a growth rate below - 1.0 percent indicates a downturn in activ- ity. The primary metals leading index growth rate has posted growth rates above +1.0 percent from May 2016 through May 2017, which could signal strength in the primary metals industry. The leading index will be subject to revision when all components are added next month. Canadian primary aluminium production analyzed M O N T R E A L , Q u e . — T h e A l u - minium Association of Canada reported that primary aluminium production in Canada in June 2017 totaled 261,529 metric tons. The monthly production was down by -3.74 percent in compari- son with the month of May 2017. Based on year-to-date average daily production of 8,820 metric tons, the annual projec- tion of production is 3,219,190 metric tons and would be 0.32 percent higher compared to the real 2016 production. This report is based on information pro- vided to The Aluminium Association of Canada by survey participants, which is aggregated by the Association. Global automotive coatings market to surpass $36 billion by 2025 NEW YORK, N.Y.—The global au- tomotive coatings market is expected to reach $36.31 billion by 2025. This is according to Automotive Coatings Market Analysis By Product (Primer, Electrocoat, Basecoat, Clearcoat), By Technology (Waterborne, Solventborne, Powder Coating, UV-Cured), By Appli- cation (Metal, Plastic), By End-Use And Segment Forecasts, 2014-2025, a report by Grand View Research Inc., an industrial research firm. Surging demand for both passenger and com- mercial automobiles in emerging countries on account of population growth and developing living stan- dards is expected to augment market size over the forecast period. More- over, increasing requirement of pro- tection against harsh climate, dust, dirt, UV radiation, and acid rain is ex- pected to aid in industry expansion. US manufacturing technology orders continue on path to strong recovery MCLEAN, Va.—US manufacturing technology orders made year-over-year gains in April. It was also the first month that orders showed gains year to date for 2017. This is according to the Associa- tion for Manufacturing Technology (AMT) as reported by companies par- ticipating in the United States Manu- f a c t u r i n g T e c h n o l o g y O r d e r s (USMTO) program. Monthly orders were up 12.3 percent compared to April 2016, and year-to-date orders were up 2.1 percent compared to the same point last year. "A combination of strong quotation ac- tivity and adjustments to inventory give us a promising outlook for capital equip- ment investment through the rest of 2017," said Douglas K. Woods, AMT president. "We are cautiously optimistic in the positive direction for the manu- facturing technology market. On one hand, we're bolstered by the Conference Board CEO Confidence Index hitting its highest level since May 2004, but also balancing off reductions in auto sales projections and flat oil prices, which have impacted some of our key sectors." 30 POWDER COATING, August 2017

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