Assisting Small and Medium-Sized Manufacturers with Industry 4.0/Smart Manufacturing Technology Adoption
Better wheels and more capable machines add to grinding’s edge on tough materials
Stressed out at the thought of programming, operating, or owning a Swiss-style CNC lathe? Chill out. It’s easier than you think.
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.