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An Industry in Transition

The automotive industry is in transition, but perhaps not the type of transition that many analysts, forecasters, and company executives expected.

U.S. Cutting Tool Orders Total $175.4M in May

May 2022 U.S. cutting tool consumption totaled $175.4 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Manufacturing Slows in June

The U.S. manufacturing economy slowed in June, with new orders going into negative territory, the Institute for Supply Management said July 1.