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February 2021 U.S. cutting tool consumption totaled $149.5 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 collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.

Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.

ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.

3D Systems announced plans for acquisitions of two companies.

Two attorneys explain why a strong sales contract is a necessity in the metals industry.

In the first quarter 2021: again (+48.6%), domestic orders +157.9%, foreign orders +30.5%

Manufacturing technology is constantly changing, both in terms of the types of products produced and the ways those products are made. As we ease into 2021, here are some interesting trends I’ve heard about.

Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.