Intelligence

Orders of manufacturing technology, measured by U.S. Manufacturing Technology Orders report published by AMT, totaled $448.8 million in November 2024. These orders for metalworking machinery increased 16.8% from October 2024 and 12.4% from November 2023.

DOD Maintenance Innovation Challenge winners. Mid Atlantic Machinery a best place to work. New board members at LIFT. El Paso Makes gets new director. ASME and Autodesk tackle skills gap. AI to improve supply chains. AMNEW Data Challenges kick off.

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Any move by the Federal Reserve that keeps the economy growing at or above its current pace would spur additional investment in manufacturing technology given the currently elevated capacity utilization levels.

The ARM Institute wins big at the 2024 Tech50 Awards. FANUC’s opens an all-new Canadian headquarters. LIFT announces its plans for an advanced materials center in Detroit. Caron Engineering names new national sales manager. Murata Machinery turns 50.

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by AMT and USCTI, totaled $212.5 million in October 2024, a 12.6% increase from September 2024 but down 0.2% from October 2023. Year-to-date shipments totaled $2.07 billion.

Orders of manufacturing technology, measured by the USMTO report published by AMT, totaled $385 million in October 2024, a 14.5% decrease from September. Year-to-date orders reached $3.74 billion, a decline of 7.5% compared to the first 10 months of 2023.

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Women in Manufacturing tour HEIDENHAIN plant. Wes-Tech partners with the Reshoring Initiative. Leadership appointments at Caron Engineering. ITAR renewal by MSK Precision Products. A new RFI solicitation for advancing metal alloy systems led by NCDMM.

This article will explore how demand for automation responded to historic shifts, the impact on manufacturing jobs, and what impacts these shifting trends have had on productivity.