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Machine tool industryVDW cautiously optimistic for 2016

Despite a new record result for machine tool production in 2015, the VDW is cautiously optimistic about the new year. The association recently presented how the industry figures are developing and where the market potential lies for German manufacturers.

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Dr. Heinz-Jürgen Prokop, Chairman of the VDW
© VDW
"We expect moderate growth of 1% for 2016" - Dr. Heinz-Jürgen Prokop, Chairman of the VDW (German Machine Tool Builders' Association), is optimistic. This assessment is based on the figures from the past year - specifically the investments made by the customer industries, the consumption of machine tools and the order intake of German machine tool manufacturers. The figures in detail: ...
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