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Tooling Demand Up as Machine Tool Orders Drop

 
 
AM Weekly
American Machinist Weekly Update | View online
 
Feb
21

American Machinist Weekly Update

 
In The Spotlight
Designing and manufacturing multi-function tools for cutting or milling is a complex process – one that Arch Cutting Tools finds particularly rewarding.
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A drop in orders during Q4 left the full-year total for cutting tool purchases at $2.45 billion, 6.9% higher than the previous annual result.
Olson Custom Designs is a start-up success story, but much more than that: it's proof that determination and sound business principals are a foundation for growth.
Reduced demand from job shops weighed down overall results, but an unexpected rise in December orders drove the full-year total volume above $4.9 billion and improved prospects for 2024 activity.
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Editor's Choice
New high-accuracy model boasts an optimized build over other devices in the line.
The GDS µGrind ANCA collet adaptor is designed for accuracy, consistency, and improved productivity.
 
 

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