Warning: DOMDocument::loadHTML(): htmlParseEntityRef: no name in Entity, line: 19 in /home/dev/public_html/wp-content/themes/pru2.0/amp/single.php on line 52
Warning: DOMDocument::loadHTML(): htmlParseEntityRef: no name in Entity, line: 19 in /home/dev/public_html/wp-content/themes/pru2.0/amp/single.php on line 52
The Precision Machining Technology Show (PMTS), held August 10-12, 2021, in Cleveland, OH, announced today its official attendance numbers and participant demographics, all of which demonstrate solid confidence in the metalworking markets and a deep-seeded commitment to growing the precision machining industry despite the uncertainty of current global conditions.
Total Registrants: 5,282
Attendees: 3,721
Exhibitors: 1,561
Allison Kline Miller, Chief Events Officer for Gardner Business Media, stated, “As the producers of PMTS, we are thrilled with the results from this year’s event. Pre-pandemic, our 2019 event held the record for the greatest number of exhibitors and attendees. Going into this year’s event, even amidst news of a COVID-19 resurgence, our pre-registration data indicated that we were only a mere 15% off from our best event ever. Our community of metalworkers did not disappoint. Nearly 5,300 professionals joined us live and in person over the course of three full days of technology exhibits and education. Active buyers from all over the country hit the show floor energetically seeking new product and service innovations to take home to implement in their shops. Our exhibitors expertly showcased their leading-edge technologies and gave attendees the chance for hands-on interaction with the machines – something the industry has been craving since our last in-person event two years ago. And our speakers led lively discussions and sparked relevant dialogue about the issues at the forefront of the industry. Machining pros walked away from PMTS inspired and re-energized to improve and expand their businesses which is the best outcome we ever hope for.”
“Without a doubt, the precision machining industry is in growth-mode,” observed Cate Smith, Executive Director of the Precision Machined Products Association (PMPA). “Manufacturing around the world continues to face serious infrastructure, supply chain and numerous other challenges, but what we discovered at PMTS this year is that the people who power manufacturing are confronting those challenges head-on with an iron will to succeed. Metalworkers are proud to rise to the occasion and are investing heavily into their businesses to achieve their goals.”
Nearly 49% of PMTS 2021 attendees indicated they would be increasing their spend on equipment this year, a rise from 38% in 2019. Additionally, according to research conducted by Gardner Intelligence, the average shop owner plans to spend more than $642,000 on capital equipment in the next 12 months.
Bridget Spears, Marketing and Communications Manager for Mazak Corporation shared, “Our PMTS 2021 leads came from 18 different states – not only the Midwest, but as far west as Utah, from the south including Florida and Texas and all along the eastern seaboard. The industry was keen to be back to live events, able to check out machines and products in person. We at Mazak felt the same; there is nothing quite like seeing all types of machines and solutions under one roof, each with their own process and product experts.”
More than 58% of PMTS 2021 attendees have a direct role in purchasing equipment, an increase from 53% in 2019.
PMTS returns to the Huntington Convention Center of Cleveland in Cleveland Ohio, April 18-20, 2023. Bookmark www.PMTS.com to stay abreast of the latest event news and developments.
About the Precision Machined Products Association (PMPA)
The PMPA has been in continuous operation since its inception in 1933. The success of the organization can be directly attributed to the ongoing involvement of its members at the chapter level, committee level and on the Board of Directors. The PMPA consists of industry leaders who understand that a strong trade association is critical to ensure the future of manufacturing in North America. www.pmpa.org
About Gardner Business Media, Inc.
Gardner Business Media, the premier publisher for the heart of manufacturing in North America, provides unique, one-of-a-kind and relevant information of keen interest to the people who power plants, shops and factories. Gardner Business Media was founded in 1928 (as Gardner Publications, Inc.) in Cincinnati, Ohio, with the introduction of Modern Machine Shop magazine. To this day, Modern Machine Shop is recognized around the world as the premier metalworking and machine tool publication in North America. Gardner has built a niche with titles focused on one area: manufacturing. We bring industrial buyers and sellers together through our integrated approach to media. www.gardnerweb.com
About Precision Machining Technology Show (PMTS)
Presented by the Precision Machined Products Association and co-presented by Production Machining, Products Finishing and Modern Machine Shop, PMTS addresses product technology, process innovation and business development in the precision machined parts industry. Founded in 2001, the biennial event includes an exhibit hall, machining demonstrations, showfloor knowledge centers and classroom-style technical sessions. www.pmts.com
