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 Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.
Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.
Xometry, Inc., an AI-enabled marketplace for on-demand manufacturing, today announced the launch of version 2.0 of its app for Autodesk Fusion 360, a leading CAD design platform.
The company creates a new laser unit while releasing a new tool grinding machine.
The steel industry is feeling the impact of the shift to more electric vehicle investment, an official of a trade group said.
Aerospace and defense sectors are emerging from the pandemic more resilient while other sectors, including automotive, struggle meet demand.
Manufacturing, including the auto industry, is confronting the implications of global warming.
The need to permanently laser mark parts for tracking and tracing continues to grow.
The three keynote speakers of HOUSTEX, EASTEC, SOUTHTEC and WESTEC—the Manufacturing Technology Series—offer perspectives pertinent to manufacturers in general, but of particular use to small and medium-sized manufacturers.
