U.S. Cutting Tool Orders Down 1% in November Year to Date January 24, 2020 November 2019 U.S. cutting tool consumption totaled $189.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Machine Tool Orders Fall in January, Coronavirus May Delay Industry Comeback March 9, 2020 Machine tool orders fell sharply in January while the new coronavirus may delay the industry’s comeback, AMT – The Association for Manufacturing Technology, said today in a monthly report.
ISM Says China Coronavirus Outbreak Worsening Lead Times March 11, 2020 The outbreak of the coronavirus in China is causing longer lead times and will reduce revenue for companies, according to respondents in a special Institute for Supply Management survey.
Manufacturing Jobs Rebound, Led by Motor Vehicles March 6, 2020 Manufacturing employment rebounded in February, with motor vehicles and parts leading the way with a gain of 6,800 jobs. Manufacturing added 15,000 overall.
Purchasing Cutting Tools in the Digital Age November 27, 2019 You don’t have to spend too much time looking to be overwhelmed with useful information from distributors and cutting tool manufacturers about solutions that yield lowest cost per part, per hole, or per tool.
Advanced Lasers Meet Diverse Needs of Tooling Group February 5, 2020 Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
50 Years Strong: Paul Horn GmbH Honors Past, Looks to Future at 2019 Technology Days November 8, 2019 Horn Technology Days, hosted by Paul Horn GmbH every two years, is a celebration of manufacturing and what is possible with modern cutting tool technology. This year’s event coincided with the company's 50 year anniversary and featured three days of technical sessions, factory tours and practical demonstrations of the company’s manufacturing products.
