Absolute Machine Tools Inc. has purchased its Lorain facility and plans to expand the building, a move expected to double the ...

Robots are great tools for manufacturing and assembly processes that require motion, such as cutting, welding, dispensing, sanding and painting. They are less good at machining solid steel or ...

Dublin, Oct. 30, 2023 (GLOBE NEWSWIRE) -- The "Machine Tools Industry Outlook to 2030" report has been added to ResearchAndMarkets.com's offering. The global machine tools market is on an upward ...

Absolute Machine Tools Inc. recently purchased a building in the city of Lorain and plans to add additional square footage, according to a news release. The project will enable the company to double ...

Monthly demand for new manufacturing technology topped $500 million for the third time this year, with increases in both order value and volumes illustrating the growing ...

Purchases of capital equipment by U.S. machine shops and other manufacturers fell to $387.3 million in July, down-9.5% from June but still 20.1% higher than the July 2024 result. The strength of the ...

The lathe is known as the King of Machine Tools for a reason. There are very few things that you can’t make with one. In fact, people love to utter the old saw that the lathe is the only machine tool ...

MACHINE TOOL INDUSTRY. FRANK A. SCOTT, a Clevelander at the forefront of the machine tool industry during the early 1900s, once remarked that no metal could be available for modern uses until a ...

Sometimes referred to as “mother machines,” machine tools are vital to the manufacture of components for everything from cars to domestic appliances. In 2010, Japan was overtaken by China as the world ...