North American Automotive Tooling Spend Forecast to Reach $8.3B in 2025 November 15, 2022 Harbour Results Inc. forecast that spending on automotive tooling in North America will reach $8.3 billion in 2025 from an estimated $5.7 billion in 2022.
AMT, Hannover Fairs Announce Split November 2, 2022 After 10 years of a successful collaboration producing co-located shows at IMTS – The International Manufacturing Technology Show, AMT – The Association For Manufacturing Technology and Hannover Fairs USA have mutually agreed to move in new directions. The move gives Hannover Fairs USA the ability to expand and both trade shows the flexibility to look into new sectors and initiatives.
Machine Tool Orders Dip in September on Year-Over-Year Basis Despite IMTS November 14, 2022 Machine tool orders declined in September compared with a year earlier despite the return of the IMTS show after a four-year hiatus.
Manufacturing Faces Challenges to Maintain Growth, Deloitte Says November 10, 2022 Manufacturing is confronting challenges to maintaining economic expansion, consulting firm Deloitte said in a report.
Manufacturing Adds 32,000 Jobs, Paced by Durable Goods November 4, 2022 Manufacturing employment increased 32,000 jobs in October, with durable goods industries leading the way.
United Grinding Expands Distribution Network January 30, 2023 United Grinding North America announced today the expansion of its distribution network.
Cutting Tool Orders Rise on Year-Over-Year Basis January 20, 2023 Cutting tool orders rose in November on a year-over-year basis while falling slightly on a monthly basis.
Methods to Host Chicago-Area Event January 25, 2023 Methods Machine Tools will host its Machine Fest event in March at the company's Gilberts, Illinois, location.
GM Quarterly Profit Rises January 31, 2023 General Motors Co. today reported an improved quarterly profit on higher vehicle sales in its home North American market. The company also forecast strong results for 2023 but slightly below last year’s levels.
Durable Goods Orders Rise, Paced by Transportation January 26, 2023 Orders for durable goods rose in December, paced by transportation equipment, the U.S. Commerce Department said today.
