Sandvik announced the acquisition of the business of the American company FASTech, which will be part of Mastercam, a leading CAD/CAM software provider.
A new innovation, EcoAir, has been introduced by British co-ordinate measuring machine (CMM) manufacturer LK Metrology to lower the carbon footprint of its products.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $212.5 million in October 2024.
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology, totaled $385 million in October 2024.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $188.7 million in September 2024.