Kevin Bowers

2 weeks ago | amtonline.org | Kevin Bowers |Travis Egan |Christopher Chidzik

READ FULL PRESS RELEASEMcLean, Va. (May 22, 2025) — 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 $207.1 million in March 2025. Orders increased 4.3% from February 2025 but were down 4.2% from March 2024. Year-to-date shipments totaled $605.6 million, a drop of 5.9% from the same period in 2024.