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U.S. Cutting Tool Orders Up 3.3% In August from July

August 2019 U.S. cutting tool consumption totaled $205.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from July's $198.5 million and down 8 percent when compared with the $222.8 million reported for August 2018. With a year-to-date total of $1.7 billion, 2019 is up 1.2 percent when compared with 2018. 

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Metal Cutting Sector Sees Robust Growth in Southeast and Northeast, While Overall U.S. Manufacturing Technology Orders Decrease in August

McLean, VA (October 14, 2019) –  U.S. manufacturing technology orders fell 3.2 percent from the previous month to a total of $365.6 million in August 2019, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. Orders decreased 27.6 percent from August 2018, which was the best August on record at $505 million.

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U.S. Cutting Tool Year To Date Consumption Up 2.6 Percent In July

July 2019 U.S. cutting tool consumption totaled $198.4 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 0.6 percent from June's $199.7 million and down 1.3 percent when compared with the $201.0 million reported for July 2018. With a year-to-date total of $1.5 billion, 2019 is up 2.6 percent when compared with 2018. 

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OPC Companion Spec Version 2.0: OPC Foundation and MTConnect Institute Announce Release of the OPC UA Companion Specification for MTConnect®

McLean, Va. & Scottsdale, Az. (September 10, 2019) – The OPC Foundation in conjunction with the MTConnect Institute announce the release of the jointly developed “OPC Unified Architecture for MTConnect Companion Specification Part 1”. This companion specification makes the MTConnect semantic information model for machine tools accessible to a global audience leveraging the OPC UA Service Oriented Architecture. This OPC UA MTConnect Companion Specification incorporates all the features and functions of the XML based MTConnect standard.

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The Reshoring Initiative, PMA, AMT and NTMA Launch 3rd Annual National Metalworking Reshoring Award

McLean, VA — Four leading manufacturing associations have announced the 3rd National Metalworking Reshoring Award. Companies that have successfully reshored products, parts or tooling made primarily by metal forming, fabricating, casting or machining, including additive manufacturing, are invited to apply. The Reshoring Initiative, the PMA, NTMA, and AMT are pleased to sponsor this competition.

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Despite Gains Over June, U.S. Manufacturing Technology Orders through July 11.7 Percent off July 2018 Totals
U.S. manufacturing technology orders totaled $383.7 million in July 2019, an increase of seven percent over June 2019 but a fall of five percent from July 2018, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. The total value of manufacturing technology ordered through July 2019 totaled $2.64 billion, a decrease of 11.7 percent from the 2018 year-to-date total of $2.98 billion.   (more)
U.S. Cutting Tool Consumption Up 3.2 Percent In June

June 2019 U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May's $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018. With a year-to-date total of $1.25 billion, 2019 is up 3.2 percent when compared with 2018. 

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Despite Overall Decline in June, US Manufacturing Technology Orders Increase Among Job Shops for Second Straight Month
McLean, Va., (August 12, 2019) -  U.S. manufacturing technology orders fell 7.7 percent from the previous month to a total of $357.8 million in June 2019, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. While cutting technologies fell by a modest 2.1 percent, a majority of the month-over-month decline was driven by the more volatile forming and fabricating technologies. Orders for the first half of 2019 totaled $2,249 million, a decrease of 12.8 percent compared to the first half of 2018 when orders totaled $2,580 million.   (more)
The Association For Manufacturing Technology Today Announced that MTForecast 2019 Will be Held October 2–4, 2019 in Cleveland
The Association For Manufacturing Technology (AMT), which represents U.S.-based providers of manufacturing technology – the advanced machinery, devices, and digital equipment that U.S. manufacturing relies on to be productive, innovative and competitive – today announced that its annual MTForecast event will be held October 2–4, 2019 in Cleveland at the Hilton Cleveland Downtown. MTForecast will feature U.S. economic and machine tool business forecasts from nationally recognized economists and industry analysts including Mark Killion, CFA, director of US industries, Oxford Economics; Steve Kline, chief data officer, Gardner Business Media; and Alan Beaulieu, president, ITR Economics. The conference also includes market outlooks for the aerospace, automotive, medical and oil & gas industries that review projected growth, market and technology trends, global competition and other economic data important to the machine tool industry.  (more)
The Association For Manufacturing Technology Today Announced that Distribution Summit 2019 Will be Held September 11-12, 2019 in Detroit Industry’s Premier Opportunity for Distributors, Builders and Suppliers to Connect
The Association For Manufacturing Technology (AMT), which represents U.S.-based providers of manufacturing technology – the advanced machinery, devices and digital equipment that U.S. manufacturing relies on to be productive, innovative and competitive – today announced that its annual Distribution Summit (D19) will be held September 11-12, 2019 in Detroit at the MGM Grand. D19 is the industry’s premier opportunity for distributors, builders and suppliers to network and learn more about new techniques for communicating with customers and prospects, learn how to keep customers engaged and educated about new technologies affecting the industry and learn how to better leverage current programs to better support and improve sales and customer support. More than 150 attendees are expected at the event.  (more)
U.S. Cutting Tool Consumption Up 5.2 Percent In May
May 2019 U.S. cutting tool consumption totaled $213.4 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 2.9 percent from April's $207.5 million and down .8 percent when compared with the $215.1 million reported for May 2018. With a year-to-date total of $1.1 billion, 2019 is up 5.2 percent when compared with 2018.   (more)
May U.S. Manufacturing Tech Orders Post Modest Gains over April
U.S. manufacturing technology orders rose to $378.4 million in May, an increase of 7.3 percent over the previous month, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. Orders for metal cutting technologies grew 4.5 percent while forming and fabricating technologies increased 64.8 percent over the previous month and 117 percent over May 2018. Despite the modest uptick in total orders from April, orders are down nearly 22 percent from May 2018, when orders totaled $484.2 million. The year-to-date total for 2019 increased to $1,867 million, a 13.5 percent decline from the 2018 total through May.  (more)
April U.S. Cutting Tool Consumption up 1.3 percent
April 2019 U.S. cutting tool consumption totaled $206.3 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 1.9 percent from March's $210.4 million and up 1.3 percent when compared with the $203.7 million reported for April 2018. With a year-to-date total of $837.4 million, 2019 is up 6.7 percent when compared with 2018.
 
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NEWS RELEASE: April 2019 U.S. Manufacturing Technology Orders Dip
U.S. manufacturing technology orders totaled $344.6 million in April 2019, the lowest April reading since 2016 when orders totaled $293.2 million. April 2019 orders declined 16.5 percent from March 2019 and were down 17.6 percent from April 2018, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. Orders totaled $1.48 billion in the first third of 2019, 11.6 percent short of this point in 2018.    (more)
U.S. Cutting Tool Consumption Up Slightly in March
March 2019 U.S. cutting tool consumption totaled $210.4 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 2.3 percent from February’s $205.6 million and up 1.6 percent when compared with the $207.1 million reported for March 2018. With a year-to-date total of $631.1 million, 2019 is up 8.6 percent when compared with 2018.   (more)
MT360 2019 Event Announcement
After careful consideration, we have made the difficult decision to postpone the 2019 MT360 event. We are now planning to launch the first MT360 experience from May 12 – 14, 2020.  (more)
NEWS RELEASE: March 2019 U.S. Manufacturing Technology Orders
Manufacturing technology orders tallied a value of $413.7 million in March 2019, a 26 percent increase over February but a 20 percent decline over an exceptional March 2018, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing. The first three months of 2019 saw total orders at $1.13 billion, a 9.5 percent decline over the same timeframe in 2018. These numbers suggest that the market is still strong, but growth is beginning to slow. 
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MT360 CONFERENCE TO BRIDGE GAP BETWEEN MANUFACTURING AND TECHNOLOGY COMMUNITIES
To accelerate the integration of emerging technologies into manufacturing applications, AMT – The Association For Manufacturing Technology has created the MT360 Conference. Held June 18 to 20, 2019, at the Santa Clara Convention Center, Santa Clara, Calif., MT360 will feature more than 30 TED-type talks. Presentations focus on four transformative technologies: additive manufacturing, augmented reality, cognitive automation and the digital thread. A simulated factory will provide demonstrations and a forum to interact with representatives from leading legacy and 16 start-up companies.  (more)
U.S. Cutting Tool Consumption Up 8 Percent In February
February 2019 U.S. cutting tool consumption totaled $205.6 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 4.4 percent from January’s $215.1 million and up 8 percent when compared with the $190.3 million reported for February 2018. With a year-to-date total of $420.7 million, 2019 is up 13 percent when compared with 2018.  (more)
NEWS RELEASE: U.S. Manufacturing Technology Orders for February 2019
Manufacturing technology orders totaled $337.2 million in February 2019 accounting for a 15 percent decline from January and a seven percent decline from the previous February, according to the latest USMTO  report from AMT. The year-to-date total was $735.2 million, less than one percent off the year-to-date total at this point last year.  (more)
MAR13 NEWS RELEASE: U.S. Cutting Tool Consumption Up 13.4% In January
January 2019 U.S. cutting tool consumption totaled $208.27 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 10.1 percent from December’s $189.1 million and up 13.4 percent when compared with the $183.6 million reported for January 2018. 

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NEWS RELEASE: U.S. Manufacturing Technology Orders for January 2019
U.S. Manufacturing Technology Orders for January totaled $396 million, marking the second strongest January in the history of the USMTO program. Orders declined 10.5 percent from December, but at half the average decline in January over December levels since 1998. January 2019 orders grew five percent over January 2018 – an indicator of continued expansion in the market into 2019 after an annual expansion of 19 percent in 2018.  (more)
FEB NEWS RELEASE: U.S. Cutting Tool Consumption Up 12.5 Percent In 2018
December 2018 U.S. cutting tool consumption totaled $189.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 9.7 percent from November’s $209.42 million and up 8.1 percent when compared with the $175 million reported for December 2017. With a year-to-date total of $2.47 billion, 2018 was up 12.5 percent when compared with 2017.  (more)
FEB RELEASE: U.S. Manufacturing Technology Orders for December 2018
U.S, Manufacturing technology orders were $443 million in December, down two percent from November and six percent from December 2017. The year-end order total for 2018 was $5.5 billion, up 19 percent from the annual sum for 2017. The November to December drop was only the third time in the program’s history that a year didn’t end with an uptick in orders from November.   (more)
NEWS RELEASE: AMT Kicks Off 2019 with Hiring of New VP of Business Development
AMT-The Association For Manufacturing Technology announces today that Travis Egan has joined our organization as the Vice President of Business Development.  His focus will be introducing our current suite of innovative offerings to AMT members and developing new products, services, and markets.  (more)
NEWS RELEASE: U.S. Cutting Tool Market Report - November
November 2018 U.S. cutting tool consumption totaled $209.42 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.3 percent from October’s $223.46 million and up 13.2 percent when compared with the $184.97 million reported for November 2017. With a year-to-date total of $2.28 billion, 2018 is up 12.9 percent when compared with 2017.  (more)
NEWS RELEASE: U.S. Manufacturing Technology Orders for November 2018
MCLEAN, VA, January 14, 2019 - Manufacturing technology orders were $458 million in November, down two percent from October and up seven percent from November 2017.  October through December orders are running significantly higher than the fourth quarter of 2017 but not at the frenetic pace set by third-quarter 2018 order values. The $5 billion year-to-date sum is up an impressive 22 percent from the same 11 months in 2017.  (more)
U.S. Cutting Tool Consumption Up 12.9 Percent In October
October 2018 U.S. cutting tool consumption totaled $223.46 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 6.1 percent from September’s $210.58 million and up 12.9 percent when compared with the $197.99 million reported for October 2017. With a year-to-date total of $2.07 billion, 2018 is up 12.8 percent when compared with 2017.  (more)
U.S. Manufacturing Technology Orders for October 2018
Manufacturing technology orders totaled $467 million in October, capping a three-month total of $1.6 billion since August. That sum represents the largest three-month total since April 1998. The $4.5 billion year-to-date sum is up an impressive 24 percent from the same 10 months in 2017 and bodes well for a strong finish to 2018. The three-month run overshadowed the 23 percent decline in October orders from September and slim two percent increase over October 2017.  (more)
Recertified Manufacturing Technology Sales Engineers - CMTSE - 2019
The CMTSE credential signifies a commitment to continuous professional development. To maintain their designation, Certified Manufacturing Technology Sales Engineers undergo a recertification process, which occurs every three years from the date of passing the exam.

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Cutting tool consumption shows signs of deceleration
September 2018 cutting tool consumption was down 5.5 percent compared to August.   (more)
U.S. Manufacturing Technology Orders for September 2018
Manufacturing technology orders posted in August and September yielded the second largest two-month total in the program’s history at $1.1 billion, according to the latest U.S. Manufacturing Technology Orders Report from AMT – The Association For Manufacturing Technology. The September surge of $609 million yielded a 50 percent increase over September 2017 and a year-to-date 27 percent increase over the first nine months of 2017. After a record-breaking August, the 17 percent gain seen in September was larger than expected and a testament to the industry’s surge to increase capacity swiftly.  (more)
AMT co-sponsors National Metalworking Reshoring Award
The Metalworking Reshoring Award will be given at The MFG Meeting in Tucson, AZ, March 2019.   (more)
Cutting tool consumption grew yearly and monthly in August
August U.S. cutting tool consumption totaled $223.47 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 11.2 percent from July’s $200.97 million and up 13.9 percent when compared with the $196.23 million reported for August 2017. With a year-to-date total of $1.636 billion, 2018 is up 12.0 percent when compared with 2017.  (more)
U.S. Manufacturing Technology Orders for August 2018

Manufacturing technology orders posted an unexpected surge in August, climbing 28 percent over August 2017 and bringing the year-to-date growth rate to 23 percent for 2018. The latest U.S. Manufacturing Technology Orders Report from AMT – The Association For Manufacturing Technology showed that orders totaled $501 million for the month, up 26 percent from July and the largest August order level in the USMTO program’s history. 

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 U.S. Cutting Tool Consumption Up 17.6 Percent In July
July U.S. cutting tool consumption totaled $200.97 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 5.4 percent from June’s $212.36 million and up 17.6 percent when compared with the $170.95 million reported for July 2017. With a year-to-date total of $1.413 billion, 2018 is up 11.7 percent when compared with 2017.  (more)
U.S. Manufacturing Technology Orders for July 2018
Manufacturing technology orders for July were up 20 percent from July 2017, yielding a year-to-date total of $2.96 billion for 2018, up 22 percent from the same period in 2017. The latest U.S. Manufacturing Technology Orders Report from AMT – The Association For Manufacturing Technology showed that orders totaled $399 million for the month, down a modest 3 percent compared to June totals, reflecting the start of the typical summer slowdown. 
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Cutting tool market posts strong first half in 2018
June U.S. cutting tool consumption totaled $212.83 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 1.1 percent from May’s $215.13 million and up 14.1 percent when compared with the $186.57 million reported for June 2017. With a year-to-date total of $1.213 billion, 2018 is up 10.8 percent when compared with 2017.  (more)
U.S. Manufacturing Technology Orders for June 2018

Manufacturing technology orders capped the first half of the year with another strong month in June, gaining 5 percent compared to June 2017 and bringing the annual growth rate to 22 percent for 2018. The latest U.S. Manufacturing Technology Orders Report from AMT – The Association For Manufacturing Technology showed that orders totaled $417 million for the month, down 14 percent compared to May’s totals, and sit at $2.55 billion for the year. 

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Cutting Tool Consumption up 10.1 Percent in 2018
May U.S. cutting tool consumption totaled $215.13 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 5.6 percent from April’s $203.68 million and up 12.1 percent when compared with the $191.93 million reported for May 2017. With a year-to-date total of $999.82 million, 2018 is up 10.1 percent when compared with 2017.  (more)
U.S. Manufacturing Technology Orders for May 2018
U.S. manufacturing technology orders in May posted double-digit growth rates month over month and year over year, demonstrating strong, sustained growth in the sector, according to the U.S. Manufacturing Technology Orders report from AMT – The Association For Manufacturing Technology. Overall, orders totaled $485 million in May, bringing the year-to-date totals to $2.1 billion or 26 percent higher than the first five months of 2017.  (more)
MTConnect® Technical Advisory Group re-established as Standards Committee
McLean, Va. …  The MTConnect Institute has been accepted as an accredited standards developer under ANSI. To better align MTConnect procedures with ANSI, the Technical Advisory Group (TAG) has been re-established as the "Standards Committee." The Standards Committee is responsible for developing and approving the MTConnect standard, a function previously performed by the TAG.
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U.S. Cutting Tool Consumption Up 9.6 Percent In April
April U.S. cutting tool consumption totaled $203.68 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 1.6 percent from March’s $207.08 million and up 21.2 percent when compared with the $168.03 million reported for April 2017. With a year-to-date total of $784.69 million, 2018 is up 9.6 percent when compared with 2017.  (more)
U.S. Manufacturing Technology Orders for April 2018
Manufacturing technology orders climbed 10.5 percent year over year in April 2018, with orders
for the year up 22.2 percent when compared to the same point in 2017 according to the latest
U.S. Manufacturing Technology Orders Report from AMT – The Association For Manufacturing
Technology. Overall orders totaled $392.97 million in April, down 22.6 percent compared to
an exceptionally strong March total. April orders were the second-strongest month for the year
after March.
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ANSI grants Standards Developer approval to MTConnect Institute
McLean, Va. -- The MTConnect Institute has been approved as an American National Standards Institute (ANSI)-accredited Standards Developer, elevating MTConnect's status in the national and international standards communities. The move comes in response to increased interest in the MTConnect standard from industry and significant growth in membership in the MTConnect Institute. This accreditation indicates that the Institute's standard development procedures adhere to ANSI's Essential Requirements for due process, which include openness, coordination and harmonization, and compliance with normative policies and procedures, among others.
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U.S. Manufacturing Technology Orders for March 2018
U.S. manufacturing technology orders continued to rise in March, increasing 42 percent over February 2018 and 23 percent over March 2017, once again demonstrating strong, sustained growth in the sector, according to the U.S. Manufacturing Technology Orders report from AMT – The Association For Manufacturing Technology. Overall, orders totaled $509 million in March, bringing the year-to-date total orders to $1.2 billion.    (more)
U.S. Cutting Tool Consumption Up 6.0 Percent In March
March U.S. cutting tool consumption totaled $207.08 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 8.8 percent from February’s $190.32 million and up 3.5 percent when compared with the $200.05 million reported for March 2017. With a year-to-date total of $581.02 million, 2018 is up 6.0 percent when compared with 2017.
 
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U.S. Cutting Tool Consumption Up 7.4 Percent In February
February U.S. cutting tool consumption totaled $190.12 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.5 percent from January’s $183.61 million and up 8.7 percent when compared with the $174.98 million reported for February 2017. With a year-to-date total of $373.73 million, 2018 is up 7.4 percent when compared with 2017.
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