November 2023 Manufacturing Technology Orders fall despite economy’s soft landing
The soft landing the U.S. economy generally experienced through 2023 did not affect all sectors of the economy evenly. Even in the face of improving economic health, orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, consistently fell short of orders placed in 2022. November 2023 was no different, with orders falling to $399.8...
Plastics Industry Association (PLASTICS) opens nominations for William R. Carteaux Leadership Award
The Plastics Industry Association (PLASTICS) has opened nominations for the William R. Carteaux Leadership Award, presented to an industry professional who has achieved distinction in working for the betterment of the plastics industry. Any employee of a PLASTICS member company who personifies the values of Bill Carteaux—unity, dedication, perseverance and selflessness—is eligible for the award, named in honor of the former President...
Nucor to build new mill stand at Tuscaloosa plate mill
Nucor Corporation announced that the company’s Board of Directors approved $280 million to modernize its steel plate mill in Tuscaloosa, Alabama. The investment will enable Nucor Steel Tuscaloosa to strengthen its ability to serve key market segments that are part of the overall Plate Mill Group strategy. “We continuously invest in our teammates and facilities where we see opportunities to create value for our customers....
Kinetic Technologies unveils HT Headstock-Tailstock Positioners to Revolutionize Cobot Welding Automation
Kinetic Technologies, an innovator of positioners, fixtures, and tooling for industrial automation cells, has announced the launch of their newest positioning system for cobot welding, the HTheadstock-tailstock positioner family, a transformational addition to their product portfolio. The positioners will disrupt the world of cobot welding and offer performance, quality, and efficiency improvements for welding operators and production...
PLASTICS: Break free act lacks collaboration needed to achieve real sustainability goals
The Plastics Industry Association (PLASTICS) announced its strong opposition and disappointment in the Break Free from Plastic Pollution Act of 2023, as reintroduced in the U.S. Congress. “Instead of working towards compromise and common-sense policies, this new iteration of the Break Free from Plastic Pollution Act is even worse and less collaborative than previously, moving further from a realistic proposal,” said Matt Seaholm,...
Nucor launches campaign highlighting commitment to sustainable steelmaking
Nucor Corporation launched “Made for Good,” a campaign highlighting the company’s more than five decades of producing steel using the cleanest methods commercially available, while also showcasing its work with customers in a broad range of industries to help them achieve their sustainability goals and, at the same time, our nation’s sustainability goals. “Sustainability is being driven by our...
US Cutting Tool Orders totaled $217.3 million in June 2023, bringing Year-to-Year total pp 23.5% from 2022
June 2023 U.S. cutting tool consumption totaled $217.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.2% from May’s $210.6 million and up 23.5% when compared with the $175.9 million reported for June 2022. With a year-to-date total of $1.24 billion, 2023 is...
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