Manufacturing technology is building the world – and saving it. Take a look at the many advances in alternative energies, sustainable supply chains, carbon capture and sequestration, and more that are powered by manufacturing technology.
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Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $204.1 million in June 2025, declining 1.8% from May 2025 and 3.9% from June 2024. Year-to-date shipments totaled $1.23 billion, a drop of 4.9% from the same period in 2024.
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $207.8 million in May 2025. Orders dropped 2.3% from April 2025 and 5% from May 2024. Year-to-date shipments totaled $1.03 billion, a drop of 5.1% from the same period in 2024.
New data reveals OEMs prioritize price, but overlook true sourcing costs. Contract manufacturers say better tools and trained labor are key to restoring U.S. production strength.
