Machine Tools

In January, the U. S. Business and Industry Council released a report, 'Import Penetration Rises Again in 2011; Challenges Manufacturing Renaissance, Insourcing Claims,' by Alan Tonelson. According to the report, 'the share of U.S. markets for advanced manufactured goods controlled by imports reached another all-time high in 2011... and domestic manufacturing's highest value sectors keep falling behind foreign-based rivals.'...More

With a year-end total of $5.7 billion, 2012 technology orders outdid 2011 by 2.6%, making it the best year since 1996....More

While attending the FABTECH Expo in Las Vegas last month, I interviewed several companies that do all or the majority of their manufacturing in the U.S. to find out what they are doing to successfully compete in the global marketplace....More

Orders fall 31.3% in October after September's spike, but year-to-date totals remain on track for record-setting sales....More

IMTS buying rush pushes orders over $650 million for the month, putting 2012 on track to become one of the strongest years in USMTO program history....More