Printer Friendly

North American robotics industry posts best quarter ever.

NORTH AMERICAN ROBOTICS companies sold more industrial robots in the second quarter of 2012 than any previous quarter in history, according to new statistics released by Robotic Industries Association (RIA), the industry's trade group.

A total of 5,556 robots valued at $403.1 million were sold to North American companies, a jump of 14% in units and 28% in dollars over the same quarter in 2011. Orders in the first half of 2012 totaled 10,652 robots valued at $747 million, increases of 20% in units and 29% in dollars over the same period last year.

"Obviously, we're thrilled about the great results so far this year," said Jeff Burnstein, president of RIA. "The strong sales reflect increased demand for robotics in industries such as automotive, plastics and rubber, and metals. However, as the economy slows, it's not clear that these numbers will remain as strong heading forward."

[ILLUSTRATION OMITTED]

COPYRIGHT 2012 Peerless Media, LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:UP FRONT: BREAKING NEWS YOU SHOULD KNOW
Comment:North American robotics industry posts best quarter ever.(UP FRONT: BREAKING NEWS YOU SHOULD KNOW)
Publication:Modern Materials Handling
Article Type:Brief article
Geographic Code:100NA
Date:Sep 1, 2012
Words:151
Previous Article:SI Systems appoints new CEO.
Next Article:PTC to acquire Servigistics.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters