IMTS 2012 Preview
;e International Manufacturing Technology Show is not
only one of the largest manufacturing technology shows
in the world, but it’s also one of the largest tradeshows
in general. ;e 29th IMTS will welcome more than 1,500
exhibiting companies that will set up booths covering 1.1
million square feet at McCormick Place in Chicago, Sept.
Show Quick Facts
What? International Manufacturing
Technology Show 2012
When? Sept. 10-15 (East and West
Buildings, 9 a.m.- 5 p.m., and North
and South Buildings, 10 a.m.- 6 p.m.)
Where? McCormick Place, 2301 S.
Lake Shore Drive, Chicago, IL 60616
The need for technology remains
Although manufacturing activity has slowed, fabricators can’t sit idly by
By Dan Davis, Editor-in-Chief
Is the U.S. manufacturing slowdown a speed bump or a sink hole? Honestly, the answer really doesn’t matter.
;e June 2012 Institute for Supply Manage-ment™ Manufacturing Business Survey—the Purchasing Managers’ Index—declined 3. 8 percentage points from the May numbers, falling to 49. 7
percent, which typically means U.S. manufacturing
went into contraction. ;is is noteworthy because
the retrenchment comes after almost three years
of consecutive months of growth; the last time the
survey came in under 50 percent was in July 2009.
Enlightened manufacturers might show some
concern, but they are looking ahead because they
know U.S. manufacturing is about to undergo a
big change. ;e work is going to be there for those
that can deliver quickly and be cost-competitive.
;at’s why shows like the International Manufacturing Technology Show 2012, Sept. 10-15, in
Chicago remain important: Technology is a key
So what’s the big change? Apparently, the jobs
trickling back from China just may be the first of
a wave of work that is being “reshored,” accord-
ing to ;e Boston Consulting Group (BCG). In a
February survey of more than 100 executives of
manufacturing companies from several indus-
try sectors, 37 percent said that their companies
were planning to bring manufacturing operations
back to the U.S. or are “actively” considering it.
For those companies with $10 billion or more in
annual revenues, a third of the sample, that rate
jumps to 48 percent.