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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.

Altair Announces Integrated Platform

Altair announced Altair One, which the company described as "a fully integrated platform that brings together the company’s entire product suite and HPC capabilities to facilitate seamless collaboration and faster time-to-market."