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Cutting Tool Orders Rise in June

June 2022 U.S. cutting tool consumption totaled $175.9 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 0.3% from May’s $175.4 million and up 2.2% when compared with the $172.1 million reported for June 2021.

It's Show Time!

The wait is almost over. After four years, IMTS is returning to an in-person show at Chicago’s massive McCormick Place.

3D Systems Agrees to Acquire dp polar

3D Systems said it agreed to acquire dp polar GmbH, the German-based designer and manufacturer of the industry’s first additive manufacturing system designed for true high-speed mass production of customized components.

Machine Tool Orders Decline in June

Machine tool orders slipped in June on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.

CAR Names New CEO

The Center for Automotive Research (CAR) announced a new president and CEO, Alan Amici, following the announcement of the retirement of current CEO Carla Bailo.