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February 2024 U.S. cutting tool consumption totaled $214.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
To make a long manufacturing story short, we asked industry leaders to summarize manufacturing technology in just one word in our new series “The World According To…” presented by IMTS+.
Catherine (Cat) Ross, AMT director of community engagement, was recently re-elected to serve her second term on the Women in Manufacturing Education Foundation board.
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $343.3 million in February 2024.
Network, gather intel, hone your leadership skills, and honor industry legend Ralph Hegman! See why industry leaders go to The MFG Meeting.
Get the insights you need to conquer 2024 and beyond by attending The MFG Meeting 2024 from April 24-26 — a two-day event packed with best practices and advice from leading experts.
January 2024 U.S. cutting tool consumption totaled $204.5 million, according to USCTI and AMT. This total was up 9.1% from December’s $187.5 million and up 4.1% when compared with the $196.5 million reported for January 2023.
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT, totaled $338 million in January 2024, a 31% decline from December and a 3.7% decline from January 2023.
At the AMT Winter Economic Forum, economists predicted the upcoming year will feature several opportunities for manufacturers as the economy comes in for a soft landing, including 8% growth in manufacturing technology orders. Is your company ready?
Manufacturing leaders will share their insights and hard-earned lessons with others at MFG 2024 in Orlando. Special sessions explore leadership transition strategies, unveil forecasts from Pat McGibbon, and honor exemplary leaders like Ralph Hegman.