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Cutting Tool Orders Rise in January

Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.

Arundel Machine Tool LLC acquired by ARCH Global Precision

ARCH Global Precision, Bloomfield Hills, Mich., on Jan. 21 acquired Arundel Machine Tool, located in Arundel, Maine. Arundel manufactures high-precision components and assemblies primarily for the aerospace and defense market, as well as the semiconductor and oil and gas industries.

Machine Tool Orders Rise in May, AMT Says

Machine tool orders rose in May as the industry recovers from a two-year slump, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.