Cutting Tools

U.S. Cutting Tool 2017 YTD Consumption up 5.9% in March

March U.S. cutting tool consumption totaled $200.05 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 14.3% from February’s $174.98 million and up 8.4% when compared with the total of $184.57 million reported for March 2016.

Twin cutter boring head reveals more value over time