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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.

Selecting the best type of cutting tool for holemaking jobs is not always clear. It is best to have a drill that caters to the workpiece material, produces the specs required, and provides the most profit for the job at hand. Considering the variety of jobs and parts manufactured in machine shops, there is no “one-drill-fits-all.”

The aerospace industry is setting itself up for a massive conjunction of need for industrial capacity to produce parts in the near future.

The addition of a new machine can be exciting for a metalworking business. It signals progress and growth while giving the team something new and exciting to work and experiment with.

Carsten Liske was named Chief Executive Officer of CHIRON Group SE effective March 1, rounding out the senior management team at the machining centers and solutions specialist.

SME Media will present a webinar, “Implementation of the IoT for Machine Tool Monitoring and Maintenance,” as part of the IMTS Spark series on Thursday, March 11 from 10:00 AM to 11:00 AM Central Time.

FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.

Through its 40 years of success, though, the name “Advanced” really became a philosophy and objective, woven into every strand of the company’s DNA.

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the launch of its first commercial-scale 27,000-square foot U.S. manufacturing factory.

Jeff Huerta, Senior VP for Sales at Vecna Robotics, speaks on how successful companies are advancing their operations with fully autonomous material handling equipment, and how some facilities are achieving very quick ROI. He also describes the differences between an AMR and an AGV, and addresses the topic of safety. Lastly, he prescribes ways to get started with this equipment, including what upfront costs companies should be prepared for.