Manufacturing technology is building the world – and saving it. Take a look at the many advances in alternative energies, sustainable supply chains, carbon capture and sequestration, and more that are powered by manufacturing technology.
To read the rest of the Energy Issue of MT Magazine, click here.
Just as early humans’ original tools were constrained by their power sources, today’s modern technological advances are limited by their access to sufficient and reliable supplies of electricity.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $183.1 million in November 2024. Orders decreased 13.8% from October 2024 and were down 9.7% from November 2023.
Orders of manufacturing technology, measured by the USMTO report published by AMT, totaled $448.8 million in November 2024. These orders for metalworking machinery increased 16.8% from October 2024 and 12.4% from November 2023.
