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CEMA releases semi-annual industry report

The Conveyor Equipment Manufacturers Association (CEMA) released its semi-annual industry report, which shows that overall industry orders for the first six months of 2014 increased 2.59 percent compared to the same period in 2013, with total orders of $5.32 billion.

CEMA also estimates that industry billed sales for the first six months of 2014 increased 5.82 percent compared to the same period in 2013, with total shipments up $5.35 billion.

The association now forecasts a 5 percent increase in shipments in 2014, coming up from a predicted 2 percent increase in March.

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