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Recently, Lotha Hun, chairman of the Precision Machine Tool Association of the German Federation of Machinery Manufacturers Association, pointed out that in 2011, German precision machine tool manufacturers achieved good results and look forward to another brilliant in 2012. According to the company's higher debt speculation, German precision machine tools will not have much growth in 2012. Hong En said that the period of booming major customer industry has ended, and it is predicted that the sales volume of precision machine tools will increase by only 7% in 2012. In 2011, German precision machine tool companies achieved a sales record of 10.2 billion euros, a year-on-year increase of 21%. Thanks to the expansion of production in the automotive and machine tool industries, sales of cutting machine tools and fixtures have increased significantly. Processing measurement and monitoring technology has also achieved good results. Processing machine tools have achieved the first bumper harvest since the financial crisis.