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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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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)
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Familiar Faces with New Roles at Edgewater Automation
Today, Edgewater Automation, a global custom automation equipment supplier, announced new leadership roles for a group of employees.   (more)
Transor Filter Appoints Tom Wagner Vice President
Transor Filter's Tom Wagner has been appointed Vice President, Technical Support and Service.  Mr Wagner has been with Transor since 1985 and has played an integral role in thousands of installations of Transor filters worldwide.  (more)
Increasing Online Searches in the Machine Tool Industry

Increasing Online Searches in the Machine Tool Industry

There are 190,000 manufacturers with less than 20 employees – your shop is probably one of them. Marketing might mean more hours added on top of the hours devoted to getting jobs through the shop. But you don’t need to do marketing in-house, especially digital marketing.

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