US Cutting Tool 2017 YTD Consumption up 8.0 % in October December 13, 2017 October US cutting tool consumption totaled $198.00 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 (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
AM, Big Data, VR, AR all crashing DFM’s party—in a good way October 17, 2017 Design for manufacturing has been around for decades, but industry insiders say the next few years will be critical as technologies like additive manufacturing (AM) and virtual reality (VR) shape the future of the industry.
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