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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.

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.

Consider Fire Requirements When Specifying Composites

With the use of composites in demanding applications increasing, improving knowledge of their fire performance is becoming a safety-critical issue, particularly for building and transportation applications.

Desktop Metal Announces Partnership

Desktop Metal and the Korea Institute of Industrial Technology (KITECH) announced a partnership to accelerate the industrialization and adoption of additive manufacturing (AM) in South Korea.