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Industry News
6th March 2018

Cutting tool consumption up 8.3 percent in 2017

December U.S. cutting tool consumption totaled $175 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 down 5.4 percent from November’s $185 million and up 10 percent compared to December 2016. 

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