ACIMIT: Italian textile machinery orders rise
24/09/2010
Orders for Italian textile machinery grew during the second quarter of 2010, according to the latest figures from the Association of Italian Textile Machinery Manufacturers (ACIMIT).
Its data shows that order it processed grew 5% in Italy 40% overseas.
Commenting on the data, ACIMIT president Sandro Salmoiraghi, said: “The growth in orders is a satisfying element, but the recovery has more or less equally rewarded other machinery manufacturing countries as well, so that competition on international markets is even fiercer than in the past.”According to the association, manufacturers are positive about the near future and expect sales to be stable. “The orders coming in over the next three months will be decisive in understanding whether the recovery marks a real reversal of trends,” Mr Salmoiraghi says.