Consumer Products

Shipments of cutting tools totaled $278.1 million in July 2026. The value of shipments increased 2.8% from June 2026 and was up 29% from July 2025, according to data from the Cutting Tool Market Report, a collaboration between AMT – The Association for Manufacturing Technology and the U.S.

The global Metal Cutting Tool market size reached $93.2 billion (USD) in 2025, according to a Growth Market Report on the Metal Cutting Tool Market. The latest research finds that the market is expected to grow at a CAGR of 5.2% during the forecast period from 2026 to 2034.

Platinum Tooling Technologies, Inc., the exclusive importer of Heimatec live tools and angle heads, offers a variety of complementary products designed to enhance the capabilities of Swiss CNC lathes, including popular brands as Citizen, Star and Tsugami.

The DLC-coated DS2000 Series tooling from Tungaloy Corporation has been optimized for aluminum and non-ferrous metal machining, and the company says it delivers superior surface finish, extended tool life, and enhanced productivity across turning and milling operations.