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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.

EDMs Improve, Are Easier to Use

New wire EDM models offer improved accuracy, faster cycle times and better finishes. They’re also getting easier to use. Makers of EDMs have stepped up their offerings, improving accuracy, speeding cycle times and producing better finishes.

Group14 Technologies Announces U.S. Plant

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.