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August 2020 U.S. Cutting Tool Orders Down 0.2% from July 2020

August 2020 U.S. cutting tool consumption totaled $136.1 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 0.2 percent from July's $136.3 million and down 33.5 percent when compared with the $204.7 million reported for August 2019. With a year-to-date total of $1.3 billion, 2020 is down 23.4 percent when compared with August 2019. 

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U.S. Manufacturing Technology Orders totaled $297.8 million in August 2020, a decrease of 11.5% from July 2020 and a 21.7% decrease from August 2019

McLean, Va. (October 12, 2020) – U.S. Manufacturing Technology Orders totaled $297.7 million in August 2020, a decrease of 11.5% from July 2020 and a 21.7% decrease from August 2019, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. Orders to date reached $2,321.6 billion, nearly a quarter (24.3%) lower than total orders through the first eight months of 2019. 

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Two Companies Win 2020 National Metalworking Reshoring Award
McLean, Va. (October 6, 2020) – Die-Tech & Engineering and Trenton Forging Company (TFC) received the 2020 National Metalworking Reshoring Award in recognition of their success in bringing manufacturing back to the United States. The 2020 award was presented virtually on the IMTS Network on September 15, by Harry Moser, Founder and President of the Reshoring Initiative. The award honors companies that have effectively reshored products, parts or tooling made primarily by metal forming, fabricating, casting or machining, including additive manufacturing. It is made possible by the Reshoring Initiative, the Precision Metalforming Association (PMA), The Association For Manufacturing Technology (AMT), and the National Tooling and Machining Association (NTMA).
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July 2020 U.S. Cutting Tool Orders Down 8.5% from June 2020

July 2020 U.S. cutting tool consumption totaled $137.8 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 8.5 percent from June's $150.6 million and down 30.6 percent when compared with the $198.5 million reported for July 2019. With a year-to-date total of $1.1 billion, 2020 is down 21.2 percent when compared with July 2019. 

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U.S. Manufacturing Technology Orders totaled $337.5 million in July 2020, a decrease of 1.7% from June 2020 and a 13.8% decrease from July 2019

U.S. Manufacturing Technology Orders totaled $337.5 million in July 2020, a decrease of 1.7% from June 2020 and a 13.8% decrease from July 2019, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. Orders to date reached $2 billion, nearly a quarter lower than the total through July 2019. 

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The Association For Manufacturing Technology’s MTForecast 2020 is Going Digital Oct. 27–29, 2020
The Association For Manufacturing Technology, 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 MTForecast 2020 is going digital Oct. 27-29, 2020. The new, digital format will bring together leading economists and industry experts as well as the forecasts, market analyses, thought leadership, and educational tracks that MTForecast conference attendees have come to expect.   (more)
June 2020 U.S. Cutting Tool Orders Up 10.1% from May 2020
McLean, Va., (August, 12, 2020) - June 2020 U.S. cutting tool consumption totaled $150.6 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 up 10.1 percent from May's $136.8 million and down 24.6 percent when compared with the $199.7 million reported for June 2019. With a year-to-date total of $1 billion, 2020 is down 19.7 percent when compared with June 2019.
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June Manufacturing Technology Orders Reach the Highest Monthly Total of 2020 at $346.7 Million

U.S. manufacturing technology orders soared to $346.7 million in June, a 56% increase over May 2020 according to the latest U.S. Manufacturing Technology Orders?report published by AMT – The Association?For?Manufacturing Technology. Total orders were down 6% from June 2019. Orders for new machines totaled $1.69 billion through June 2020, 26% lower than the total through the first half of 2019. 

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May 2020 U.S. Cutting Tool Orders Down 4.4% from April 2020
May 2020 U.S. cutting tool consumption totaled $136.6 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 April's $142.9 million and down 36 percent when compared with the $213.4 million reported for May 2019. With a year-to-date total of $854.1 million, 2020 is down 18.8 percent when compared with May 2019.
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 U.S. Manufacturing Technology Orders Decreased in May 2020 to 219.4 Million 

U.S. manufacturing technology orders decreased 5% in May from the previous month to $219.4 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. New orders were 45% lower than in May 2019, and total orders through May 2020 were $1.3 billion, 31% lower than YTD 2019 orders.  

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THE ASSOCIATION FOR MANUFACTURING TECHNOLOGY ANNOUNCES THAT VP AND CTO TIM SHINBARA WAS NAMED 2020-2021 ASME CONGRESSIONAL FELLOW
AMT – The Association For Manufacturing Technology today announced that Vice President and Chief Technology Officer Tim Shinbara was recently named a Congressional Fellow – Manufacturing by the American Society of Mechanical Engineers (ASME) for 2020-2021. Shinbara began serving in the office of Sen. Marco Rubio, R-Fla., and the U.S. Senate Committee on Small Business and Entrepreneurship on June 2.?  (more)
April 2020 U.S. Cutting Tool Orders Down 14.4% from April 2019
April 2020 U.S. cutting tool consumption totaled $142.9 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 24.7 percent from March's $189.8 million and down 31.1 percent when compared with the $207.5 million reported for April 2019. With a year-to-date total of $717.5 million, 2020 is down 14.4 percent when compared with April 2019.
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U.S. Manufacturing Technology Orders Decreased in April 2020 to 225.8 Million, the Lowest Monthly Total Since May 2010
U.S. manufacturing technology orders decreased 26% in April from the previous month to $225.8 million, the lowest monthly total since May 2010, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. New orders were 39% lower than in April 2019. Total orders through April 2020 were just shy of $1.1 billion, 28% lower than 2019 orders during the same period.    (more)
March 2020 U.S. Cutting Tool Orders Up 1% from February

March 2020 U.S. cutting tool consumption totaled $189.8 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 0.9 percent from February's $188.2 million and down 9.8 percent when compared with the $210.4 million reported for March 2019. With a year-to-date total of $574.5 million, 2020 is down 9 percent when compared with 2019. 

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U.S. Manufacturing Technology Orders Increased in March 2020, Yet Deceleration Begins in Second Half of Month  
U.S. manufacturing technology orders increased 8% in March from the previous month to $301.2 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. New orders were 29.3% lower than in March 2019. Total orders through March 2020 were $863 million, 26.1% lower than YTD 2019 orders.  
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The Smart Manufacturing Experience (SMX) Rescheduled
(SOUTHFIELD, Mich., April 20, 2020) – SME and AMTThe Association For Manufacturing Technology today announced that they have rescheduled the Smart Manufacturing Experience (SMX) to September 14-16 at McCormick Place in Chicago, co-located with IMTS – The International Manufacturing Technology Show. SMX 2020, originally planned for June 2-4 in Pittsburgh, will focus the manufacturing community’s attention on the technologies and innovations of smart manufacturing, or Industry 4.0. The decision comes after careful consideration and consulting with advisors and event partners and was taken in response to the global COVID-19 pandemic.
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February 2020 U.S. Cutting Tool Orders Down 4.2% from January
February 2020 U.S. cutting tool consumption totaled $188.2 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 4.2 percent from January's $196.5 million and down 8.5 percent when compared with the $205.6 million reported for February 2019. With a year-to-date total of $384.7 million, 2020 is down 8.5 percent when compared with 2019. 
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THE ASSOCIATION FOR MANUFACTURING TECHNOLOGY ELECTS ITS 2020-2021 BOARD OF DIRECTORS AT ANNUAL MEETING
The Association For Manufacturing Technology Board of Directors, which represents more than 600 builders and distributors of machine tools, manufacturing machinery, and related products, today announced that it elected its 2020-2021 Board of Directors at its Annual Business Meeting held virtually on April 2, 2020.    (more)
U.S. Manufacturing Technology Orders Increased in February 2020: Covid-19 Pandemic Upends U.S. Economy and Manufacturing Industry

U.S. manufacturing technology orders increased 3 percent in February from the previous month to $277.9 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. New orders were 16.5 percent lower than in February 2019. Total orders through February 2020 are $547 million, 26.2 percent lower than YTD 2019 orders. 

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AMT Announces the Postponement of The 2020 MFG Meeting
In the past week, the WHO declared the global COVID-19 outbreak to be a pandemic and Fort Lauderdale joined communities around Florida in prohibiting gatherings larger than 250 people. Yesterday, the CDC issued guidance recommending that gatherings be kept to less than 50 people. Due to these circumstances and with the safety and health of the community as our top priority, we have made the decision to postpone The MFG Meeting until 2021.  
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AMT Announces the Cancellation of MT360
Since the onset of the coronavirus (COVID-19) outbreak, we have been closely monitoring the guidelines and recommendations set by the World Health Organization (WHO), the Centers for Disease Control and Prevention (CDC), and the County of Santa Clara Public Health Department with respect to the MT360 conference, planned for May 12 – 14, 2020 in Santa Clara, CA.   (more)
January 2020 U.S. Cutting Tool Orders up 5% from December 2019

January 2020 U.S. cutting tool consumption totaled $196.5 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 percent from December's $187.2 million and down 8.6 percent when compared with the $215.1 million reported for January 2019. 

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U.S. Manufacturing Technology Orders Decreased in January to Lowest Monthly Total since January 2017

U.S. manufacturing technology orders decreased 32 percent in January from the previous month to $269 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. January manufacturing technology orders were the lowest since January 2017. New orders placed in January 2020 fell 34 percent from January 2019.  

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2019 U.S. Cutting Tool Orders Close at 2.4 Billion

December 2019 U.S. cutting tool consumption totaled $187.2 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 percent from November's $189.1 million and down 1 percent when compared with the $189.1 million reported for December 2018. With a year-to-date total of $2.4 billion, 2019 is down 1 percent when compared with 2018. 

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U.S. Manufacturing Technology Orders Increased in December Coming in at Second Highest Monthly Total for 2019

U.S. manufacturing technology orders rose 24 percent in December from the previous month to $404 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. December manufacturing technology orders were the highest in 2019 after March, but down 9 percent from December 2018.  The year-end total is $4.5 billion, a decline of 17 percent from the year-end total in 2018. 

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U.S. Cutting Tool Orders Down 1% in November Year to Date

November 2019 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 12.6 percent from Octobers's $216.4 million and down 9.7 percent when compared with the $209.4 million reported for November 2018. With a year-to-date total of $2.3 billion, 2019 is down 1.1 percent when compared with 2018. Please note revisions to September 2019 through October 2019 data. 

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U.S. Manufacturing Technology Industry Generally Optimistic About 2020 Despite Decrease in November Orders

U.S. manufacturing technology orders fell 15 percent in November from the previous month to $320 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. For the first 11 months in 2019, manufacturing technology orders were $4.1 billion, down 19 percent from $5 billion in 2018 which was an especially strong year. 

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MT360 Brings Together the Technology, Manufacturing, and VC Communities to Demonstrate the Role of Transformative Technologies in the Future of Manufacturing
The Association For Manufacturing Technology (AMT) today announced that its MT360 Conference will be held May 12-14, 2020 at the Santa Clara Convention Center in Santa Clara, CA. The unique event brings together the technology, manufacturing, and VC communities to discuss and demonstrate the role of transformative technologies in the future of manufacturing.  (more)
MTConnect® Institute Releases Version 1.5.0 of the MTConnect Standard
McLean, Va. (December 16, 2019) - The MTConnect Institute, standard development organization for MTConnect, announces the release of Version 1.5.0 of the MTConnect standard, the world’s only free, open semantic vocabulary for discrete manufacturing. 
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AMT’S MTCOUNCIL FORUM CHANGES FORMAT TO TAKE ADVANTAGE OF MT360

The Association For Manufacturing Technology (AMT) along with its partner Traction Technology Partners (TTP), today announced that in 2020 The Manufacturing Tech Council (MTCouncil) forum will be changed to face-to-face meetups at MT360 and other AMT events in 2020. AMT will play a key role in setting up strategic meetings on behalf of MTCouncil members with innovative technology companies, entrepreneurs, and the VC community at the inaugural event, being held May 12-14, 2020 in Silicon Valley. Additionally, AMT will provide an MTCouncil Member Discount at 50% off the standard registration price for MT360. To receive the discount, MTCouncil members should register with the code “COUNCIL” prior to December 31, 2019. Additionally, all MTCouncil members will continue to have access to the online platform through November 1, 2020 to engage with members and learn about transformative technologies and innovative startups. 

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U.S. Cutting Tool Orders Up 10.2% In October from September

October 2019 U.S. cutting tool consumption totaled $216.1 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 10.2 percent from September's $196 million and down 3.3 percent when compared with the $223.5 million reported for October 2018. With a year-to-date total of $2.1 billion, 2019 is down 0.1 percent when compared with 2018. Please note there were revisions to September 2019. 

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U.S. Manufacturing Technology Orders Increase in October; Gains Shared by Small, Medium, and Large Job Shops

U.S. manufacturing technology orders totaled $376 million in October 2019 according to the latest U.S. Manufacturing Technology Orders (USMTO) Report published by AMT – The Association For Manufacturing Technology. October orders increased 2 percent over September 2019. New orders placed in October 2019 fell 21 percent from October 2018, which was one of the best Octobers in USMTO history. 

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U.S. Cutting Tool Orders Up 0.2% In September 2019 YTD/YTD

September 2019 U.S. cutting tool consumption totaled $195.9 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 4.3 percent from August's $204.7 million and down 7 percent when compared with the $210.6 million reported for September 2018. With a year-to-date total of $1.8 billion, 2019 is up 0.2 percent when compared with 2018. Please note there were revisions to August 2019. 

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U.S. Manufacturing Technology Orders Decrease in September, but Automotive Sector Sees Slight Increase
U.S. manufacturing technology orders fell 1 percent from the previous month to a total of $361.5 million in September 2019 according to the latest U.S. Manufacturing Technology Orders Report published by AMT—The Association For Manufacturing Technology. Orders decreased 41 percent from September 2018, yielding a 10 percent decline in the first three quarters of 2019.  (more)
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)