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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.

US Cutting Tool 2017 YTD Consumption up 7.1% in July

July US cutting tool consumption totaled $170.95 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 down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

Tooling and Workholding

Cutting tool developments are a key driving force in manufacturing productivity, accuracy, and quality. At Sandvik Coromant (Fairlawn, NJ) one of the main trends influencing cutting tool design is developing cutting tools for small-part manufacturing, particularly the medical industry, which is seeing a phenomenal growth of 10 – 20% annually.

Manufacturing Management

Manufacturing Management Stay informed with the latest insights, news, resources and products in Manufacturing Management to improve your manufacturing career and operations. manufacturing

Building Successful Businesses in Tampa Bay

Business in Tampa Bay is booming. In this podcast, Steve Morey, senior vice president of the economic development for the Tampa Bay Economic Development Council, and Jamie Harden, president and CEO of Creative Sign Designs, share their insights.

Techniques for Problem Solving for Engineers

In this podcast, Bruce Morey, Senior Technical Editor for Manufacturing Engineering Magazine discusses Techniques for Problem Solving for Engineers with Melisa Buie Corporate Director for Operational Excellence at Coherent.

Going Beyond Chip Making: Saving Time

Every manufacturer aims for faster, better parts. While chip making time is often the focus when it comes to time savings, Chris Mahar, Associate Editor of Manufacturing Engineering, talks with Steven Baier, Vice President of Sales for Haimer USA, about time savings that go beyond cutting time.