Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $179.5 million in December 2024. U.S. cutting tool orders in 2024 drop 0.6% YoY compared to 2023.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2025-02-13
CTE source: https://ctemag.com/news/cutting-tool-orders-end-2024-down-06-2023/
Legacy path: /cutting-tool-orders-end-2024-down-06-2023