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US Cutting Tool 2017 YTD Consumption up 8.0 % in October

October US cutting tool consumption totaled $198.00 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 (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.

Kuka Showcases Robotic Demos at TechCenter Grand Opening

Kuka Robotics Corp. held a grand opening of its new Metal & Arc TechCenter at its 80,000-sq.-ft. Shelby Township, MI, headquarters, Nov. 29-30. The grand opening featured 13 live robotic automation demonstrations, tours of the new TechCenter, and presentations on new technology.