Industry News

Shipments of cutting tools, measured by the Cutting Tool Market Report, a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $250.1 million in October 2025.

Teradyne Robotics, a leader in advanced industrial collaborative and autonomous mobile robotics, plans to open a new U.S. Operations Hub in Wixom, Michigan in 2026. This strategic expansion reflects Teradyne Robotics' commitment to operating close to its customers and meeting the growing manufacturing demand in the U.S. and the Americas.

New orders of metalworking machinery totaled $538.9 million in October 2025, which was a 9% increase from September 2025 and a 40.3% increase from October 2024.

Apple has expanded its Apple Manufacturing Academy with new virtual programming. The manufacturing training was created for small- and medium-sized businesses across the country that want to "accelerate their ability to innovate and adopt advanced technologies."

New website features streamline ordering, support, and global accessibility with multilingual options and user-friendly navigation.

Three companies -- Kingsbury, one of the UK's leading CNC machine tool suppliers, Additure, the additive manufacturing specialists, and ATLIX, the newly independent 3D metal printing brand, formerly TRUMPF Additive Manufacturing -- announce a strategic alliance that will position Kingsbury as the exclusive dealer of ATLIX machines and services in the United Kingdom, Ireland, and the GCC region.

Quickparts strengthened its commitment to "Limitless Manufacturing" with the completion of a $2.5 million expansion at its Seattle headquarters that formally established the site as an Aerospace & Defense Center of Excellence

Shipments of cutting tools, measured by the Cutting Tool Market Report, a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $222 million in September 2025.

The L.S. Starrett Co. has partnered with H. Gerstner & Sons to offer 120 limited edition, American-made Starrett machinist wooden tool chests. The Starrett 200WCR Chests are replicas of the 1950's Starrett 200W chest design and will be available to order this year until December 19 for estimated delivery in March 2026.

The global metal cutting tool industry was valued at $65.5 billion in 2020 and is estimated to reach $107.3 billion by 2032, exhibiting a CAGR of 4.1% from 2023 to 2032.

DMG MORI Co., Ltd. and Haimer GmbH announced an expansion of their long-standing strategic cooperation to accelerate tool room digitization, automation, and global software distribution. The agreement extends joint activities across DMG MORI showrooms, technical centers, and production facilities worldwide to the benefit of their joint global customers.

Pascal Engineering Inc. has announced that Norio Kobayashi will be stepping up to the role of vice president to oversee operations in North and South America.