CEMA Finds 2017 Demand for Construction Machinery Stagnant in Japan but Increasing Abroad

Shipment values of construction machinery are forecast at 1.879 trillion yen ($16.575 billion) for the fiscal year ending March 2018, on a par with the previous year, according to the Japan Construction Equipment Manufacturers Association (CEMA). This projection is based on a January 2017 survey of CEMA’s 68 member companies. CEMA Chairman and President of Hitachi Construction Machinery Co. Ltd….