On an annual basis, machine tool orders dropped by 18.6% in 2020 versus 2019.
GF Machining Solutions said it will transition in phases to a direct sales and support model in several key states.
October 2020 U.S. cutting tool consumption totaled $167.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
The Oregon Manufacturing Innovation Center Research and Development (OMIC R&D), a manufacturing research campus hosted by Oregon Tech, has received a $154,000 sponsored project from SMW-AUTOBLOK Corp.
August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.