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March 2024 U.S. cutting tool consumption totaled $212.4 million, according to USCTI and AMT. This total, reported by the Cutting Tool Market Report, was down 1.1% from February’s $214.6 million and down 5.8% from the $225.6 million reported in March 2023.
Kevin Bowers brings decades of technical and research experience to his new role as AMT Vice President of Research.
Through his immense contributions to the manufacturing industry — and the people leading it — Ralph H. Hegman becomes the 11th winner of this prestigious award.
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, reached $435.7 million in March 2024. Orders grew nearly 25% above the February 2024 level.
Members of the machine tool community share memories of John Hackenberg, a beloved mentor and influential industry leader who passed away in February.
The speakers at AMT’s upcoming Spring Economic Webinar will break down how recent developments on the global stage, including military conflicts, inflation, and more, could impact orders of manufacturing technology and your business. Don't miss it.
February 2024 U.S. cutting tool consumption totaled $214.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
To make a long manufacturing story short, we asked industry leaders to summarize manufacturing technology in just one word in our new series “The World According To…” presented by IMTS+.
Catherine (Cat) Ross, AMT director of community engagement, was recently re-elected to serve her second term on the Women in Manufacturing Education Foundation board.
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $343.3 million in February 2024.