Intelligence

Zoller turns 80. ANCA co-founders awarded medal. Renishaw receives partnership award. New building designs for NSH USA. CR Onsrud expands. New leaders join Mastercam, Vollmer. The ARM Institute goes to SXSW. Industry and education partnerships grow.

The Reshoring Initiative advocates for apprenticeships as a path to success in manufacturing. AMT President Doug Woods agrees – he began as one! Learn how it grew his love for lifelong learning, leadership, and underscored the value of hands-on training.

The U.S. Bureau of Economic Analysis released their first estimate of GDP for the fourth quarter of 2024. According to the first estimate, GDP grew 2.3% at an annualized rate. This was driven by strong consumer demand but held back by lagging investment.

The MFG Meeting, the annual leadership conference of AMT, in partnership with NTMA, will feature a future-facing lineup of speakers. Attendees will hear from speakers from Google Cloud, Nvidia, Wolfspeed, ITR Economics, BlueForge Alliance, and more.

Today the Federal Reserve announced they would hold benchmark rates at a target range of 4.25% to 4.50% in a widely anticipated move. This is the first meeting where the Fed held rates steady since they began to cut rates in September 2024.

Just as early humans’ original tools were constrained by their power sources, today’s modern technological advances are limited by their access to sufficient and reliable supplies of electricity.

Like most things I write about, this is a topic I hold a deep passion for, and as always, it is related to modern advances in manufacturing technology. Like many automobile enthusiasts, I believe the McLaren F1 sports car to be the greatest of all time.

This issue features Trump’s presidency and what it means for manufacturing, critical economic updates, risk mitigation through reshoring, and more.

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $183.1 million in November 2024. Orders decreased 13.8% from October 2024 and were down 9.7% from November 2023.

From Vollmer’s centennial celebration to new America Makes project awards and free training from MxD – get the latest on industry milestones, leadership changes, facility expansions, and cutting-edge research in the manufacturing technology community.