House Ways and Means Committee Chairman Kevin Brady (R-TX) finally introduced the Republican leadership’s long-awaited tax reform bill, entitled the Tax Cuts and Jobs Act (H.R. 1). It is expected to cost about $1.5 trillion over the next decade. The President praised the bill as one that will stimulate the economy and create jobs. The Senate is expected to introduce its own version of tax reform soon. Enacting a bill before the end of the year is still a long shot, given the complicated budget process and the opposition of powerful constituencies. If legislation is eventually enacted, it may look very different from the current proposal.(more)
The sales process for many products, including machine tools, has changed. Thanks to easy access to information, customers who want to purchase a new machine today can narrow their choices to a few machines that will meet their needs before ever speaking with an actual sales person. After just a few clicks on a computer mouse, these customers can quickly research and compare data and machine specifications from several builders. They can also easily find and read reviews or social media posts from other manufacturers who are already using the machines to learn more about the pros and cons of each.(more)
The winds have shifted in Washington since Congress returned from the month long summer break. There is a new sense of urgency to get something done from both sides of the aisle. It's true that it took an act of nature to bring the parties together, but it took an act of bipartisanship to enact a disaster relief package that included: a down payment for rebuilding after the hurricanes, a short-term spending deal to keep the government open through December, and a three-month increase in the debt ceiling necessary to fund the spending.(more)
AMT's goal is to provide the programs and services that will grow members' businesses in every facet--product innovation, market expansion, employee development - and to represent and promote members and the manufacturing technology (MT) industry to the world at large. Find out if your company is eligible for AMT membership.
At AMT, we understand that our members have two main objectives in running their businesses – increasing sales and decreasing costs! Understanding this fundamental perspective, we strive to address this need in specific ways.
- Providing access to markets in the U.S. and around the world.
- Producing industry intelligence that will position your business for success and allow you to make informed decisions.
- We bolster those core solutions with unique networking and engagement opportunities, by hosting industry events; advocating for the industry; building a Smartforce; and providing access to leading edge, and potentially disruptive, technologies.
Anywhere in the world you want to be, AMT is uniquely positioned to build sales and support your business. AMT’s Global Services range from domestic business support to full-service tech centers. We provide access to markets in the United States and around the world.
Explore a foreign market by participating in an AMT/USA pavilion or AMT oversea technical center. Utilize an AMT foreign office or visit your potential customers where the purchasing decisions are made with AMT trade missions.
- Newly accepted production technologies
- Greatest needs and challenges still remaining
- Areas of interest within R&D
MTConnect is an open communication standard that provides the capability to pass data from machine tools to higher level systems for further processing using the XML-based standard.
The ANSI B11 series of American National Standards and Technical Reports deal with machine tool safety and specify requirements for both the suppliers and users of the machines.
The Metalworking Skill Standards are common skills and competencies a worker needs to perform well on the job.
Knowledge of the current and coming economic environment, as well as the manufacturing technology industry and its customers is the key to strategic planning. Gain this data and accompanying analysis from AMT's Global Forecasting & Marketing Package (GFMP).
We provide unique analysis of trends impacting your company, markets and customers.
- United States Manufacturing Technology Orders (USMTO) - The only valid benchmark for market share and the best barometer of your customers' business.
- MTInsight allows you to visualize economic trends, pinpoint market share and review potential capital investment worldwide.
- On-demand market research tailored to your company's needs