Machine tools
Production remains at record level in 2019
The German machine tool industry is expecting production to grow by 2% in 2019, according to the annual press conference of the German Machine Tool Builders' Association (VDW).
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The German machine tool industry is one of the five largest branches of mechanical engineering. It supplies production technology for metalworking to all branches of industry. In 2018, the industry produced around. 73,500 employees (annual average 2018, companies with more than 50 employees) produced machines and services worth around 17 billion euros.










