AMT’s recent economic webinar featured Mark Killion with Oxford Economics. He shared the many positive economic indicators – and the few potential pitfalls – to look out for in the final quarter of 2021 and into 2022.
The Oxford Economics report projects a 15% increase in global machine tool consumption in 2021 followed by another 8% increase in 2022.
Automation is imperative because one of the only ways the U.S. can remain competitive given wage differentials between countries is by increasing productivity.
While the MT industry and economy at large still struggle to recover to pre-pandemic levels, there are a few things all business leaders can do to protect their future. Despite ongoing uncertainty, manufacturing leaders are largely optimistic...
The market for manufacturing technology is blooming as we head into the spring of 2021 with projections of significant double-digit growth. Still, there are risks to that rosy scenario.
At the end of May 2020, analysts were talking disaster. The market for manufacturing technology was going into a tailspin. Companies were addressing canceled orders and sales calls, looking at employee furloughs, and striving to keep credit lines open...
Cary Wood, chief executive of Grede Holdings LLC, saw business plunge 90% earlier this year as the auto plants and heavy equipment producers that use his metal parts shut down, followed by a bumpy recovery. But he’s upbeat these days and, in the last...
In addition to being an engine of economic power and a source of innovation that benefits the entire nation, manufacturing is critical to national security. Innovative new technologies and processes in manufacturing increase productivity, enable new...
In the last days of October, AMT’s annual MTForecast event was delivered virtually for the first time in its 48-year history. The format may have been different, but the value was as great as ever, even if the news was bittersweet...
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