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 $199.9 million in January 2025.
Reciprocal, retaliatory, uncertainty—these words now dominate discussions about tariffs, once a distant trade issue but now a daily concern. Companies across industries are scrambling to understand their implications and devise action plans. The big question on everyone’s mind? How do we protect margins and stay competitive in a tariff-driven economy?
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $357.3 million in January 2025, a 29.8% decline from December but a 5.7% increase from January 2024.
Verisurf Software, Inc., announced that it has signed an agreement to be acquired by Sandvik, a global high-tech engineering group providing solutions for the manufacturing, mining, and infrastructure industries.
ABB Robotics’ third Automotive Manufacturing Outlook Survey, in partnership with the leading publication Automotive Manufacturing Solutions, has highlighted how moving to the “Smart Factory” is viewed as a critical next step by global manufacturers and major suppliers.
AMT – The Association For Manufacturing Technology, which represents U.S.-based providers of manufacturing technology, has elected its 2025-2026 board of directors.
The L.S. Starrett Co. has appointed four new executives to its global organization, further strengthening its corporate management at the highest levels.
Fluor Corporation announced that its Board of Directors has appointed Chief Operating Officer (COO), Jim Breuer, as Chief Executive Officer (CEO), effective May 1, 2025.
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