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U.S. Cutting Tool Orders Rise on Monthly Basis in February

February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

Stratasys, DyeMansion Form Alliance

Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.

Nexteer Expands Portfolio for EVs

Nexteer Automotive said it is expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).

ESPRIT CAM Supports Binder Jetting Technology

ESPRIT CAM, a computer-aided manufacturing software developed by DP Technology that supports a variety of CNC machines, has extended its existing partnership with France’s Technical Centre for Mechanical Industry (CETIM) to include additive manufacturing.

Stratasys Acquires RPS

Stratasys Ltd. said it has acquired U.K.-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions.

Manufacturing Jobs Drop in January

Manufacturing employment declined by 10,000 jobs last month and results were even worse in durable goods industries, the U.S. Bureau of Labor Statistics said today.