Purchases of capital equipment by U.S. machine shops and other manufacturers fell to $387.3 million in July, down-9.5% from June but still 20.1% higher than the July 2024 result. The strength of the ...

Since 2021, Korean researchers have been providing a simple software development framework to users with relatively limited ...

The trend of expanding average order values for CNC machining units underscores the increased demand for automation at all levels of the supply chain, according to AMT - the Assn. for Manufacturing ...

China’s machine tool industry, boasting a market value exceeding RMB 200 billion (approximately US$27.86 billion), relies significantly on foreign imports, driving diverse opportunities for ...

MACHINE TOOL INDUSTRY. FRANK A. SCOTT, a Clevelander at the forefront of the machine tool industry during the early 1900s, once remarked that no metal could be available for modern uses until a ...

Absolute Machine Tools Inc. has purchased its Lorain facility and plans to expand the building, a move expected to double the company’s warehouse capacity and reduce its reliance on an out-of-state ...

One aspect of this partnership is the expansion of DMG Mori’s end-to-end digital twin for machine tool machining on the Siemens Xcelerator Marketplace. Specific technologies for the creation of ...

The lathe is known as the King of Machine Tools for a reason. There are very few things that you can’t make with one. In fact, people love to utter the old saw that the lathe is the only machine tool ...

The global supply chain realignment away from China is expected to accelerate, driven by the tariff war between the world’s largest consumer — the US — and the world’s largest producer — China. This ...

Sometimes referred to as “mother machines,” machine tools are vital to the manufacture of components for everything from cars to domestic appliances. In 2010, Japan was overtaken by China as the world ...