March 2024 U.S. cutting tool consumption totaled $212.4 million, according to USCTI and AMT. This total, reported by the Cutting Tool Market Report, was down 1.1% from February’s $214.6 million and down 5.8% from the $225.6 million reported in March 2023.
NSL Analytical Services ("NSL" or the "Company"), an independent analytical and metallurgical testing services company serving U.S. and global customers, announced a significant milestone in its growth trajectory with the relocation of one of its two Cleveland-area testing laboratories.
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, reached $435.7 million in March 2024. Orders grew nearly 25% above the February 2024 level.
RoboGeorgia, a coalition of industry leaders, academic institutions, and community organizers, announced its founding Executive Committee and mission to establish Georgia as the world’s leading hub for robotics and automation innovation.
Renishaw is now an officially recognized provider of additive manufacturing (AM) solutions to federal, state, and local governments, as part of the General Services Administration (GSA) procurement system. Machine Tools USA will assist with marketing Renishaw metal AM systems to government entities in an effort increase adoption of these systems in U.S. government applications.