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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.

Braskem’s use of digital twin exemplifies Society 5.0

To achieve a better world, we have chosen Society 5.0 as our key driver. The evolution of automation technologies in the context of Industry 4.0 and Industry 5.0 is fantastic, but the focus should be to benefit society, humankind and the earth.