Articles
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December 15, 2010
Moving On Up: Medical Manufacturing
After a wrenching 2009, when parts manufacturers saw precipitous sales declines and orders and sales of machine tools and cutting tools also dropped sharply, the U.S. metalworking industry experienced a relatively strong recovery in 2010. Demand for manufactured products in developing markets, a rebound in the domestic auto market and inventory rebuilding by companies that had been holding off on orders helped fuel the recovery.