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In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.

September 2021 U.S. cutting tool consumption totaled $163.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

July 2021 U.S. cutting tool consumption totaled $162.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Manufacturing sped up in November on improvements in new orders, production and employment, the Institute for Supply Management said today.

Boeing Co. today reported an operating profit for the third quarter as commercial aircraft deliveries improved. The company posted an overall loss on one-time costs.

Manufacturing in October continued operating at a strong rate while new orders – which fuel future growth – cooled somewhat, the Institute for Supply Management said today.

Ford Motor Co. said Wednesday its third-quarter profit declined from a year earlier amid the semiconductor shortage while promising better days ahead.

Machine tool orders gained in September as manufacturing’s recovery from the COVID-19 pandemic maintained momentum, AMT – The Association for Manufacturing Technology said today.

Manufacturers added 60,000 jobs in October, with motor vehicles and parts leading the way.

New orders for durable goods slid in September on declines in orders for transportation equipment, the U.S. Commerce Department said today.