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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.

Rightpoint Consulting LLC worked with General Motors Co. on the interior of the Cadillac Lyriq electric vehicle.

Stratasys Ltd. announced today it has signed a definitive agreement to acquire the additive manufacturing materials business of Covestro AG.

Manufacturing employment climbed in July, with the bulk of the gain coming from durable goods.

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.

Heavy equipment maker Caterpillar Inc. today reported higher quarterly results on increased revenue.

The structure of CMMC 2.0 has been streamlined to be slightly less stringent and easier to implement, especially for shops in the lower tiers of the supply chain.

For cutting tool manufacturers serving the automotive industry, the industry’s electrification is an existential challenge and a revolutionary opportunity.

How are companies equipping their employees with the tools they need in order to thrive? Unfortunately, many companies are not equipping their teams at all.

Dassault Systèmes announced a supply and maintenance agreement with Hyundai Motor for Dassault Systèmes’ CATIA applications.