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)
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)
Big changes in store for IIoT in 2019
What do security, ‘fog’ and edge computing, 5g cellular, and digital twins have in common? They’re among the critical opportunities and issues shaping the industrial Internet of things, which is the focus of the November webinar of the Manufacturing Tech Council.  (more)
Three big questions for a top nanotech expert

Examining the current state of nano and advanced materials. Exploring the future for manufacturers.

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From emerging technology at IMTS to main street, Olli rolls into the D.C. region

Our IMTS emerging technology partner, Local Motors by LM Industries, known for 3D-printed mobility solutions, continues to make strides around the world.

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Minding the gap: how hiring veterans combats the technical skills shortage

The global talent crunch is becoming more evident than ever in the manufacturing industry. A recent report reveals that the U.S. manufacturing industry may reach a shortfall of 2.4 million workers by 2028. For the United States, the report attributes much of the labor shortage of skilled workers to an aging population. Trade schools are also producing fewer graduates annually.

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Be a manufacturing advocate

Use your voice this August recess to support your company and your industry.

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Where are the economy and the MT market going?

To quote AMT’s Chief Knowledge Officer, Pat McGibbon, “The U.S. manufacturing landscape continues to grow, albeit at a slower pace. This development, in conjunction with concerns about trade policy impacts on exports, points to a decline in manufacturing technology orders in 2019 over 2018.”

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Tech Trends Bits

On May 14, 2019, the Materials Processing Equipment Technical Advisory Committee (MPETAC) met to discuss the latest matters in export control. The purpose of this committee is to advise the Office of the Assistant Secretary for Export Administration on technical questions that affect the level of export controls applicable to materials processing equipment and related technology. MPETAC covers articles, materials, and suppliers of metal-working equipment, numerically controlled machine tools, and robots. One of the committee’s ongoing goals is to integrate the control definitions between the Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR).

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Founded in 1902, AMT – The Association For Manufacturing Technology represents builders and distributors of manufacturing technology -- the advanced machinery, devices, and digital equipment that U.S. manufacturing relies on to be productive, innovative, and competitive. Located in McLean, VA, near the nation's capital, AMT acts as the industry's voice to speed the pace of innovation, increase global competitiveness and develop manufacturing's advanced workforce of tomorrow. With extensive expertise in industry data and intelligence, as well as a full complement of international business operations, AMT offers its members an unparallelled level of support. AMT also produces IMTS - The International Manufacturing Technology Show, the premier manufacturing technology event in North America.

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.
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Hilton Cleveland Downtown
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Access To Markets
Access to Markets
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. 
Manufacturing Technology
tech trendsTech Trends addresses trends in manufacturing technology from three perspectives:
  • Newly accepted production technologies
  • Greatest needs and challenges still remaining
  • Areas of interest within R&D

Standards

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.

 
Industry Intelligence
 
AMT produces industry intelligence that will position your business for success and allow you to make informed decisions.

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
Contact AMT's industry and research analysts for your tailored research and to participate in any of AMT's benchmarking surveys