Digital Manufacturing. Implemented.
September 14 - 19 industry professionals from all over the world gather in Chicago to see and experience more than 15,000 new machine tools, controls, computers, software, components, systems and processes that will solve their manufacturing challenges and improve their efficiency. Join us at IMTS 2020!
Capital spending by machine shops and other manufacturers fell to its lowest total in almost a decade as a result of the economic shutdown to fight the COVID-19 pandemic.
A new short-range outlook of the world's regional and industrial markets estimates that steel demand will drop to 1.654 billion metric tons for the current year, but could reach a 3.8% recovery in 2021.
European machine-tool consumption is forecast to decrease -25.8% in 2020, a decline in demand that is closely tied to the effects of the COVID-19 pandemic.
It may be that every day is a crisis now, but for machine shops and all U.S. manufacturers the crisis of global competition is no recent twist or