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Machine Tool Orders Start 2018 With Mixed Results

Machine tool orders began 2018 with mixed results, dropping from December but posting a surge on a year-over-year basis, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.

U.S. Cutting Tool Consumption Up 3.2 Percent for 2019 Through June

U.S. cutting tool consumption totaled $198.9 million according to the United States. 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 down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.

Advanced Technologies for Machining Oil-Field Parts

Despite falling oil prices, the investment valve in the oil and gas industry remains on—for now—as manufacturers continue their race to provide large, precision parts for fracking, subsea drilling and other related activities. But as anybody in the energy sector knows: this is the land of boom or bust.

Shop-Floor Intelligence at Your Fingertips

Getting fast, accurate data delivered to the palm of your hand is helping drive demand for enterprise resource planning (ERP) software. With the popularity of smartphones and tablets, manufacturers are capitalizing on the ability to get critical factory operational data from ERP, manufacturing execution systems (MES) and enterprise manufacturing intelligence (EMI) applications into the hands of the right decision-makers in a timely manner.

Machine Tool Orders Rise in May, AMT Says

Machine tool orders rose in May as the industry recovers from a two-year slump, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.