April 2021 U.S. cutting tool consumption totaled $170 million. This total was down 4.3 percent from March's $177.6 million but up 26.3 percent when compared with the $134.6 million reported for April 2020.
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 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.
Prima Power Laserdyne recently presented a Zeiss high-resolution microscope to the welding program leaders of Anoka Technical College as the college expands its robotic and laser welding program.
March 2021 U.S. cutting tool consumption totaled $177.6 million, up 18.8 percent from February's $149.5 million and down 2.6 percent when compared with the $182.3 million reported for March 2020.
Alden Tool Co. expands its presence in medical tools via precision grinding.
New features mean more choices in cutting with inserts
On paper, it should have been smooth sailing. When Fairbanks Morse installed a robotic welding cell at its Beloit, Wis. headquarters, the goal was to increase output of the massive marine propulsion systems they manufacture.
CERATIZIT Group will host a global online event, “It’s Tool Time,” on Thursday, June 17 featuring experts who will focus on the value of process optimization through a variety of interactive machining demonstrations and presentations.