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The automotive industry is in transition, but perhaps not the type of transition that many analysts, forecasters, and company executives expected.

Orders for machine tool orders slipped in May, both on a monthly and year-over-year basis.

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

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.

Manufacturing employment increased in June, with most of the gain in non-durable goods.

3D Systems and EMS-GRILTECH have entered into a strategic partnership to enhance additive manufacturing materials development.

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.

Sudhir Mehta, global vice president for digital transformation at Lexmark, headquartered in Lexington, Ky., discusses the company’s ready-made Optra IoT platform and its value to all types of manufacturers.

Digital twins are breathing life and innovation into increasingly more areas of manufacturing as well as solving challenges for machine shops of all sizes. With the skilled labor shortage and an ongoing effort to reshore high-tech manufacturing to the U.S., digital twins have a lot to offer.

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.