A lot is happening in the cutting tool industry in the month of February. Continue reading our news roundup to learn more about what’s happening in the industry this month.

Advanced Manufacturing Expo 2025

The Pittsburgh Chapter of the National Tooling and Machining Association (NTMA) is set to host the Advanced Manufacturing Expo on March 25, 2025. This premier event aims to connect manufacturers, industry professionals, and innovators, showcasing the latest advancements in manufacturing technology and best practices. It’s an excellent opportunity for networking and exploring cutting-edge solutions in the industry. 

To register click here.

CNC Tool & Cutter Grinding Machine Market Growth

The CNC tool and cutter grinding machine market is experiencing significant growth. Valued at $3.96 billion in 2023, it’s projected to reach $5.42 billion by 2032, with a compound annual growth rate (CAGR) of 3.54%. This surge is driven by the increasing demand for precision engineering and automation across various industries.

To see the report click here. 

Pittsburgh’s Green Manufacturing Efforts

Pittsburgh is making strides in sustainable manufacturing. Mainspring Energy received an $87 million grant from the Department of Energy to build a linear generator manufacturing facility near Pittsburgh International Airport. This initiative aligns with the city’s commitment to clean energy and positions Pittsburgh as a leader in advanced manufacturing.

Click here to read the full article.

Contact Custom Tool & Grinding

We hope you enjoyed our February roundup! Now learn more about how we can help you with your tools, request a quote from us here.