November 2023 U.S. cutting tool consumption totaled $202.7 million. This total was down 4.9% from October's $213 million and up 4.4% when compared with the $194.1 million reported for November 2022.
Velo3D, Inc. announced that Atomic Industries has purchased a fully integrated metal additive manufacturing solution to provide its customers with 3D printed tooling and dies.
The T.J. Davies Company Inc. has been selected to participate in a national program that provides women business leaders with practical, real-world tools to improve the operational value of a business.
As of Jan. 1, 2024, all support for Elliott Tools will transition to Elliott. This includes sales and service support for all metal finishing, burnishing, recessing and mechanical joining tools previously sold by Monaghan. This will open the door for the company to focus on its goal of being a "cutting tool expert."