AMT Member News
DOD Maintenance Innovation Challenge winners. Mid Atlantic Machinery a best place to work. New board members at LIFT. El Paso Makes gets new director. ASME and Autodesk tackle skills gap. AI to improve supply chains. AMNEW Data Challenges kick off.
AMT > IntelligenceMFG Meeting 2025: Crafted for Executives, Optimized for Engagement
You can tell a lot about a person by the company they keep — and you will find no better company than at the MFG 2025 Meeting, Feb. 19-21 at the Hyatt Regency Hill Country Resort & Spa in San Antonio.
AMT > IntelligenceFed Interest Rate Cuts Could Lead to Increased Capital Investment as Capacity Constraints Grow
Any move by the Federal Reserve that keeps the economy growing at or above its current pace would spur additional investment in manufacturing technology given the currently elevated capacity utilization levels.
AMT > IntelligenceAMT Member News
The ARM Institute wins big at the 2024 Tech50 Awards. FANUC’s opens an all-new Canadian headquarters. LIFT announces its plans for an advanced materials center in Detroit. Caron Engineering names new national sales manager. Murata Machinery turns 50.
AMT > IntelligenceOctober 2024 US Cutting Tool Orders Total $212.5 Million, Up 12.6% From September 2024
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by AMT and USCTI, totaled $212.5 million in October 2024, a 12.6% increase from September 2024 but down 0.2% from October 2023. Year-to-date shipments totaled $2.07 billion.
AMT > IntelligencePost-IMTS Decline in Manufacturing Technology Orders Blunted by Rebound in Aerospace Investment
Orders of manufacturing technology, measured by the USMTO report published by AMT, totaled $385 million in October 2024, a 14.5% decrease from September. Year-to-date orders reached $3.74 billion, a decline of 7.5% compared to the first 10 months of 2023.
AMT > IntelligenceMFG 2025 Gathers Grandmasters of Manufacturing
Make your next strategic move at The MFG Meeting 2025: Connect with industry leaders, gain invaluable insights, and master your future through exclusive networking and forward-thinking discussions in a top-notch setting.
AMT > IntelligenceManufacturing Technology Orders and a Rare Soft Landing
In much the same way that the Fed was able to reduce interest rates in 1995 to allow the economy to continue expanding for the remainder of the decade, today’s Fed may be engineering a so-called “soft landing,".
AMT > IntelligenceMaking the Most of Your People — And Equipment
While there are some who see signs of manufacturing struggling, the United States continues to lead in receiving the greatest amount of direct foreign investment, much of which is invested in the manufacturing sector.
AMT > IntelligenceSeptember 2024 US Cutting Tool Orders Total $188.7 Million, Up 0.7% Year-to-Date
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $188.7 million in September 2024. Orders decreased 10% from August 2024 and were down 6.3% from September 2023.
AMT > IntelligenceAMT Member News
ANCA's 2024 Female Machinist Award. PrecisionX acquires Ditron. Students' Manufacturing Day at FANUC. United Grinding: apprenticeship ambassador. New facilities for Edge Technologies, Rego-Fix. America Makes launches AMJobs tool. ARM's robotics hub cohort.
AMT > IntelligenceSeptember 2024 Manufacturing Technology Orders Jump as IMTS Returns to Chicago
Orders of manufacturing technology totaled $450.6 million in September 2024, an increase of 24% from August 2024 and 14.6% over September 2023 orders. Year-to-date orders reached $3.35 billion, a 7.7% decline compared to the first three quarters of 2023.
AMT > IntelligenceFed’s Soft Landing May Ignite Manufacturing Technology Market Growth
In a widely anticipated move, the Federal Reserve slashed the federal funds rate by another 25 basis points to a target range of 4.5% to 4.75%. The manufacturing technology industry may find itself at the beginning of a strong market.
AMT > IntelligenceCommunity Connections
Longtime AMT member National Machinery recently celebrated 150 years in business. What drives excellence and growth to sustain a global leader? Key elements include community, employee dedication, and innovation.
AMT > IntelligenceLatest GDP Release Shows Manufacturing Sectors Exceed General Economic Growth
Today the U.S. Bureau of Economic Analysis released their first estimate of GDP for the third quarter of 2024. According to the first estimate, GDP grew 2.8% at an annualized rate.
AMT > IntelligenceAugust 2024 US Cutting Tool Orders Total $209.3 Million, Up 9.1% From July 2024
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $209.3 million in August 2024. Orders increased 9.1% from July 2024 but were down 4.5% from August 2023.
AMT > IntelligenceAMT Member News
America Makes elects new members of executive committee. Edge Technologies appoints new regional sales manager for Upper Midwest. FANUC America establishes $1M scholarship fund with SME Foundation to elevate advanced manufacturing skills.
AMT > IntelligenceAugust Manufacturing Technology Orders Fall Short of 2023; Outlook Optimistic for Remainder of 2024
Orders of manufacturing technology, measured by the USMTO report published by AMT, totaled $360.8 million in August 2024. These orders for metalworking machinery increased 22.7% from July 2024 but fell 12% short of August 2023 orders.
AMT > IntelligenceSparks Fly: A Journey From Foundry to Space Flight
Dr. Sharon Cobb’s first experience with manufacturing at the foundry where her father worked inspired her to pursue a career in science. Now the associate program manager at NASA’s Space Launch System, Dr. Cobb has 38 years of experience with NASA.
AMT > IntelligenceMTForecast 2024 Offers Unmatched Benefits, Insights, and Networking Possibilities for Manufacturing Community
Now that IMTS is over and the Fed has cut interest rates, what's next for manufacturers? Find out at MTForecast, Oct. 9-11 in Schaumburg, Illinois. Get the expert insights, market forecasts, and networking opportunities to create a winning business plan.
AMT > IntelligenceJuly 2024 US Cutting Tool Orders Total $191.8 Million, Up 2.5% Year-to-Date
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and the U.S. Cutting Tool Institute, totaled $191.8 million in July 2024. Orders decreased 7.8% from June 2024 but were up 1.7% from July 2023.
AMT > IntelligenceWhat the Fed Interest Rate Cut May Mean for Manufacturers
In a highly anticipated move, Federal Reserve Chair Jerome Powell announced the target rate would be cut 50 basis points, bringing the federal funds rate to a 4.75% to 5% target range.
AMT > IntelligenceDirect Mailers Deliver for Marketing Campaigns
Direct mail is finding its way back into the spectrum and companies are starting to realize just how much it can complement their digital efforts. Direct mail adds an additional layer of substance to your overall message.
AMT > IntelligenceManufacturing Technology Orders Look To Rebound as IMTS 2024 Opens, Rate Cuts Loom
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders report published by AMT, totaled $321.7 million in July 2024, showing declines of 19.3% from June 2024 and 7.8% compared to July 2023.
AMT > Intelligence