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MxD Secures $8.5 Million in 2021 Defense Appropriations Legislation

With the passage of the fiscal year 2021 Consolidated Appropriations Act at the end of 2020, MxD, the national digital manufacturing institute, secured $8.5 million in funding from the U.S. Department of Defense for 5G for manufacturing and cybersecurity for arsenal supply chains.

Virtual VERICUT Users' Exchange VUE Events Slated

Each year, CGTech hosts VERICUT Users' Exchange (VUE) events for its customers around the globe. As a response to the ongoing COVID-19 pandemic, the North American VUE events will once again be held virtually in 2021.

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.