McLEAN, Va. — August U.S. cutting tool consumption totaled $161.7 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 1.3 percent from July’s total but down 13.2 percent from August 2012. […]
Private equity firm signed deal to acquire Walter Meier Tools, including JET, Powermatic, and Wilton tool brands. Tenex Capital Management, a New York based private equity firm, announced it has agreed to acquire Walter Meier Tools, the machinery and tools business of Walter Meier AG of Switzerland, according to a report in the Fort Mill […]
Did you know: Manufacturing supports an estimated 17.2 million jobs in the United States—about one in six private-sector jobs. Nearly 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.
Congressman Honda Calls For Comprehensive Manufacturing Strategy In an op-ed in The Hill Rep. Mike Honda (D-CA) wrote that National Manufacturing Day allowed Americans to reflect on how a renaissance in the manufacturing is essential for a recovery of the US economic. Rep. Honda wrote that the US needs a comprehensive manufacturing strategy. According to […]
KOMO Machine Inc. recently hosted ten (10) field technicians from throughout the country at their Annual Training Session for KOMO Certified Field Service Technicians. Training was held September 9-11, 2013 at KOMO’s Manufacturing and Corporate Headquarters in Lakewood, NJ. The primary focus of this year’s training was the IndraMotion MTX control offered by Bosch Rexroth […]
The AP reported that analysts are convinced rising mortgage rates will not derail the housing recovery because consumers who have been delaying home purchases are now anxious to proceed in order to avoid higher rates in the future. Even though “the jump in rates should test the strength of the recovery, analysts foresee stable sales […]
As part of the second-annual Manufacturing Day (October 4, 2013), NAM reported that more than 800 manufacturers across the nation opened their doors and shared the innovative and advanced operations that make manufacturing among the most rewarding career options available. Tripling in size since last year’s inaugural event, Manufacturing Day offered students and members of the […]
NAM Board-Level Group Unites Best and Brightest Manufacturing Minds on Building a 21st-Century Workforce Caterpillar Chairman and CEO and National Association of Manufacturers (NAM) Board Chair Doug Oberhelman announced the formation of a task force of business and manufacturing leaders that will tackle the workforce challenges hampering the continued growth of American manufacturing competitiveness in […]
The Chicago Daily Herald reports on the “Manufacture Your Future” exhibit being held at the Gail Borden Public Library in Elgin, Illinois. Students “met local manufacturing leaders” and also were able “to tour local manufacturing facilities.” Junior Caroline Beavan said, “I really liked (the exhibit) because you get a feel for all the different jobs, […]
The National Association of Manufacturers announced that it has “launched the Manufacturers’ Center for Legal Action, an effort to significantly amplify the voice of manufacturers in the courts on behalf of the 12 million men and women who make things in the United States. The Manufacturers’ Center for Legal Action will strategically engage in litigation as […]
