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U.S. Cutting Tool Orders Total $175.4M in May

May 2022 U.S. cutting tool consumption totaled $175.4 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Vehicle Sales Forecast to Slip in 2022

Global and U.S. vehicle sales will decline this year as a tight supply of semiconductors continues to hold down deliveries, consulting firm AlixPartners said today.

Durable Goods Orders Rise on Transportation

New orders for durable goods increased 0.7 percent to $267.2 billion in May, paced by a gain in orders for transportation equipment, the Commerce Department said today.

Manufacturing Slows in June

The U.S. manufacturing economy slowed in June, with new orders going into negative territory, the Institute for Supply Management said July 1.

GROB Systems to Highlight 5-Axis Machining Centers and Automation at Space Tech Expo 2022

GROB Systems, a global leader in the development of manufacturing systems and machine tools, announced that it will be highlighting its 5-Axis Universal Milling and Mill-Turn Machining Centers and automation solutions including linear and rotary pallet storage systems, at Space Tech Expo Booth #7029 at the Long Beach Convention Center, Long Beach, California from May 23-25, 2022.

3D Systems Announces VSP Bolus

3D Systems announced its entry into the radiation oncology market with FDA 510(k) clearance of VSP Bolus, a solution designed to deliver high-quality patient-specific radiotherapy treatment accessories.