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AM Poised to Transform Aviation MRO Industry

Big things are happening in the aviation maintenance, repair and operations (MRO) market: the first industry-wide material allowables for metal additive manufacturing (AM) parts are anticipated to be released this autumn.

U.S. Cutting Tool Orders Rise on Monthly Basis in February

February 2021 U.S. cutting tool consumption totaled $149.5 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 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

GM Quarterly Profit Surges

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.