January 5, 2021
In October of 2020, orders in the mechanical and plant engineering sector matched the previous year's level.
For the first time since January 2020, they were no longer in decline. Overall, orders from abroad were on a par with the previous year, although they fell by 4 percent from the European countries and rose by 2 percent from the non-European countries. In Germany, the machinery and plant manufacturers recorded a small increase in orders of 1 percent. "This results in a pleasing zero in the monthly balance sheet. The low level of orders in the fourth quarter of 2019 did of course have an impact," said VDMA Chief Economist Dr. Ralph Wiechers. "The increasing restrictions and uncertainties resulting from the second corona wave were not yet reflected in the order books in October," he added.
In the less volatile three-month period from August to October 2020, incoming orders fell by 8 percent in real terms compared with the previous year. Domestic orders were down 5 percent, while foreign orders were down 9 percent on the previous year. Orders from both the euro zone and non-euro countries shrank by 9 percent.
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Electronic Components Industry Association (ECIA) was recently pleased to announce that Electrocomponents plc, a global omni-channel solutions partner for electronics, industrial and automation customers and suppliers has joined the association as a global member, along with its subsidiaries Allied Electronics & Automation (Allied), a distributor of automation and control, electronic, electrical, mechanical, and maintenance products in North America and RS Components (RS), a global distribution partner for industrial customers and suppliers involved in designing, building or maintaining industrial equipment and facilities.
Electrocomponents will be represented on the ECIA by Chris Beeson, Senior Vice President of Electronics at RS. Peter Malpas, EMEA Regional President for RS; Sean Fredricks APAC Regional President for RS; and Ken Bradley President of Allied in the Americas will represent their respective regions.
“We recognize the importance of partnering with other industry leaders in electronics manufacturing and distribution to stay on the cutting edge of technology for the wide-ranging benefit of our customers,” said Beeson. “Membership in ECIA allows Electrocomponents, Allied and RS to have a seat at the table with other global distribution and manufacturing leaders to solve problems and advance our industry.”
“We are excited to work alongside our distributor peers and suppliers as ECIA tackles critical industry issues and global technical standards,” said Bradley. “This is an excellent opportunity to focus our collective power on customer-facing challenges we can solve together.”
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