This episode is a discussion about the annual PMM Machinery Buying Survey, with editor Ron Shinn, managing editor Lynne Sherwin and senior staff reporter Karen Hanna.
Here are some key points:
- Tariffs are having a mixed effect and are still causing confusion.
- Manufacturing wages across the board are rising, and processors are going to have to pay more for workers, even as the lack of skilled labor is driving more automation.
- The trend to keep machinery running longer is continuing, and machinery OEMs are responding by beefing up their service departments.