US Cutting Tool Consumption Up

Cleveland, US – The US cutting tool consumption recently totaled to $191.93 million according to the US Cutting Tool Institute (USCTI) and the Association for Manufacturing Technology (AMT). With a year-to-date total of $908.04 million, 2017 is up 5.8% when compared with May 2016. “As domestic manufacturing growth is projected to continue, 2017 will be a much better year for the Cutting Tool Industry,” said Brad Lawton, Chairman, Cutting Tool Product Group, AMT.

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