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Cutting Tool Orders Total $173.2M in July

July 2022 U.S. cutting tool consumption totaled $173.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

GM to Invest $491M at Indiana Stamping Plant

General Motors Co. said it will invest $491 million at its Marion, Ind., metal stamping operations to prepare the facility to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles.

Manufacturing Softens in September

The manufacturing economy softened in September and may soon shift to contraction, the Institute for Supply Management said today.

SAKOR Technologies Provides System to Nexteer

SAKOR Technologies Inc., a recognized leader in the area of high-performance dynamometer systems, announces that it recently provided Nexteer Automotive with a dynamometer test system designed to test high-speed motors and inverters in hybrid and electric vehicle designs.