A new research study predicts that the global machine tool industry is in the first stage of a rebound that will lift it to a market capitalization of $80.7 billion by 2015. Titled "Machine Tools: A Global Strategic Business Report," the report by Global Industry Analysts Inc. reviews market trends, drivers, product overview, competition, product introductions/innovations, and recent industry activity. The complete story available at American Machinist.
Reference: Machine Tools Market to Hit $80.7 Billion by 2015, Research Finds, American Machinist.