Machine Tool Orders Hit 1989 High: Marking...

Machine Tool Orders Hit 1989 High: Marking the highest monthly total so far this year, machine tool orders rose 33.4% to $302.9 million in September compared with August, the Assn. for Manufacturing Technology reported. Orders for the first nine months of the year, however, were down 19% from the same period in 1988. New orders in September were also down 7.7% from September of 1988.