Detroit-based LIFT said it has received $1 milion to retrain civilian manufacturing workers affected by the COVID-19 pandemic.
Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
New replaceable drill tip saves tooling costs and eliminates process steps
The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.
It is fair to say that IMTS, virtual or otherwise, presents the ultimate manufacturing tool box, where shops can find the newest, most innovative and proven devices for holding, moving, cutting, bending and inspecting workpieces.
The National Association of Manufacturers said a quarterly survey shows strong use of liquidity programs like the Paycheck Protection Program and Main Street Lending Program.
IMCO cites benefits including access to more technologies for product development and growth opportunities
The International Manufacturing Technology Show (IMTS), which would have been held in September in Chicago, has been canceled for the first time since World War II.
Last March when the pandemic hit, we had to shift in a lot of different ways, didn’t we? The lessons we learned and the actions we took in our personal and business endeavors during the early weeks of the pandemic may become a permanent pattern in the fabric of our lives.
June 2020 U.S. cutting tool consumption totaled $150.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
