The U.S. Cutting Tool Institute (UCTI) and The Association for Manufacturing Technology (AMT) reported that orders of cutting tools in May 2023 were $210.6 million. Consumption was up 10.8% from April 2023 and up 20% from May 2022.
The U.S. Cutting Tool Institute (UCTI) and The Association for Manufacturing Technology (AMT) reported that orders of cutting tools in May 2023 were $210.6 million. Consumption was up 10.8% from April 2023 and up 20% from May 2022.