As the market share of U.S.-based industrial production companies declined, demand decreases were soon felt in the U.S. custom machine industry. Excess production
capacity suddenly became a reality. Underutilized plants became targets for closing, and plans for scores of new plant and additions were canceled. Annual capacity additions declined after 1975. By the mid-1990s, annual capacity additions had fallen below the level of the early 1960s. When the data were released for 2000, experts expected
additions to capacity to be nearly zero.