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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.

Vehicle Sales Forecast to Slip in 2022

Global and U.S. vehicle sales will decline this year as a tight supply of semiconductors continues to hold down deliveries, consulting firm AlixPartners said today.

Durable Goods Orders Rise on Transportation

New orders for durable goods increased 0.7 percent to $267.2 billion in May, paced by a gain in orders for transportation equipment, the Commerce Department said today.

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.

3D Systems Announces VSP Bolus

3D Systems announced its entry into the radiation oncology market with FDA 510(k) clearance of VSP Bolus, a solution designed to deliver high-quality patient-specific radiotherapy treatment accessories.

Siemens Opens Tech Hub

Siemens is announcing the opening of its new Charlotte Advanced Technology Collaboration Hub (CATCH) which will be located in Charlotte, N.C.