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Cutting Tool Orders Total $173.2M in July

July 2022 U.S. cutting tool consumption totaled $173.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

GM to Invest $491M at Indiana Stamping Plant

General Motors Co. said it will invest $491 million at its Marion, Ind., metal stamping operations to prepare the facility to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles.

Addressing Manufacturing’s Diversity Problem

Across industries there’s an emphasis on addressing diversity, equity, and inclusion (DEI) in leadership roles. Research shows that greater diversity within an organization improves business performance. Manufacturing, however, lags in gender diversity when compared with other industries.

Manufacturing Softens in September

The manufacturing economy softened in September and may soon shift to contraction, the Institute for Supply Management said today.