Press Release
Happening Now
Intelligence
By Christopher ChidzikSep 20, 2024

July 2024 US Cutting Tool Orders Total $191.8 Million, Up 2.5% Year-to-Date

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and the U.S. Cutting Tool Institute, totaled $191.8 million in July 2024. Orders decreased 7.8% from June 2024 but were up 1.7% from July 2023.

4m read
Technology
By Bonnie GurneySep 19, 2024

Can-Do Attitude, Positivity Pervade IMTS 2024

With more than 40 million pounds of machinery on over 1.2 million square feet, IMTS 2024 energized nearly 90,000 registrants, including 14,713 at the Smartforce Student Summit, with automation, digital manufacturing, and solutions for higher productivity.

8m read
Intelligence
By Kristin BartschiSep 18, 2024

What the Fed Interest Rate Cut May Mean for Manufacturers

In a highly anticipated move, Federal Reserve Chair Jerome Powell announced the target rate would be cut 50 basis points, bringing the federal funds rate to a 4.75% to 5% target range.

2m read
Intelligence
By Christopher ChidzikSep 11, 2024

Manufacturing Technology Orders Look To Rebound as IMTS 2024 Opens, Rate Cuts Loom

Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders report published by AMT, totaled $321.7 million in July 2024, showing declines of 19.3% from June 2024 and 7.8% compared to July 2023.

5m read
Technology
By Bonnie GurneySep 08, 2024

IMTS 2024 Show Opens, Roars in With Historic Numbers

IMTS 2024 opens this week, boasting big numbers, as the weight of machinery exhibited tops 40 million pounds; conference registration doubles; and new technology attractions and events expand. IMTS runs Sept. 9-14 at Chicago's McCormick Place.

8m read
Technology
By Bonnie GurneySep 04, 2024

Learning From Visionaries: The Stages at IMTS 2024 Feature Technology, Manufacturing, and Industry Leaders

The Stages throughout IMTS feature executive conversations and presentations on AI transformation and empowerment, innovation and change management, digital transformation, growing the defense industrial base, manufacturing infrastructure, and much more.

8m read
Intelligence
By Kristin BartschiAug 23, 2024

What Fed Chair Powell’s Address Means for Manufacturing

Today, Fed Chair Jerome Powell gave the most concrete signal yet that interest rate cuts are on the horizon at his Jackson Hole press conference. For manufacturers closely watching the developments and anticipating IMTS 2024, the outlook is promising.

2m read
Technology
By Bonnie GurneyAug 22, 2024

AMT’s Emerging Technology Center at IMTS 2024 Highlights Hybrid Solutions, Automation, Workforce Engagement, and Model-Based Engineering

Whether you are exploring additive manufacturing or want to scale up advanced programs, the Additive Manufacturing Sector, accelerated by Formnext at IMTS 2024 can provide the experience, partnerships, technology, and services to further your success.

8m read
Intelligence
By Christopher ChidzikAug 14, 2024

US Cutting Tool Orders Totaled $208.1 Million in June 2024, Narrowing Year-to-Date Gains to 2.6%

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, were $208.1 million in June 2024, bringing the year-to-date total to $1.27 billion, up 2.6% compared to the first six months of 2023.

4m read
Intelligence
By Christopher ChidzikAug 12, 2024

Manufacturing Technology Orders Grow 4.3% in June 2024 as Year-Over-Year Order Gap Narrows

Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $386.7 million in May 2024.

5m read