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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.

Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.

Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.

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.

Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.

ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.

Caterpillar Inc., the maker of heavy equipment, today reported an increased quarterly profit as sales improved and dealers boosted their stock of Cat machinery.

Two attorneys explain why a strong sales contract is a necessity in the metals industry.

In the first quarter 2021: again (+48.6%), domestic orders +157.9%, foreign orders +30.5%

Verisurf Software said it appointed Tara Mitchell as business development manager for the Americas.