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Machine Tool Orders Top $500M in April

Machine tool orders surpassed $500 million in April, the second consecutive month above that level, AMT – The Association for Manufacturing Technology said today.

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.

Benefits of Industry 4.0

The automotive industry has been a frontrunner in the race to install Industry 4.0 into daily business processes.