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.
General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.
3D Systems announced an expansion in Denver to support its health care solutions business and expand application development capabilities for its Application Innovation Group.
Manufacturing continued to operate at strong levels in April, the Institute for Supply Management said today.
Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.
Nexteer Automotive said it is creating a single strategic software team.
Caterpillar Inc., the maker of heavy equipment, today reported an increased quarterly profit as sales improved and dealers boosted their stock of Cat machinery.
Gun manufacturer Sig Sauer used a 3D scanning system to improve its manufacturing operations.
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.
Siemens acquisition of TimeSeries to expand Xcelerator portfolio through development of industry-specific apps built on Mendix platform, help customers speed digital transformation through increased adoption of low-code