Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), were $214.4 million in May 2024.
Well known for small city cars, sports, and supercars, the Italian automotive industry shows strong innovation as it consolidates its position as a key driver of economic recovery in Europe. For more industry intel and other tidbits, read on.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), reached $214.7 million in April 2024.
Numerous investments and initiatives in Europe’s railway industry will sustain production for years to come. Spain’s automotive industry and the U.K.’s nuclear power sector see significant developments. For more industry intel and other tidbits, read on.
Recently, the Biden Administration announced several science and technology initiatives centered on key digital technologies and manufacturing. Get the latest updates on how digital twin, AI, semiconductor manufacturing, and EV production will be affected.
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.
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.
European defense initiatives and industrial expansion are booming and are now driving the economy of the old continent, especially in Poland. Spain sees big investments in automotive and aerospace. For more industry intel and other tidbits, read on.
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.
Europe's manufacturing sector faces declining domestic orders, geopolitical tensions, increased exports, and opportunities in the battery market. A very dynamic scenario is ahead for the old continent. For more industry intel and other tidbits, read on.