The German Machine Tool Builders' Association (VDW) forecast a -3% year-over-year drop in its members’ manufacturing activity for 2024, down to €14.8 billion ($16 billion) based on slower order volume ...

Machine shops and other manufacturers’ demand for new capital equipment remain strong compared to the year-ago record, but new orders for machinery fell to $392.7 million in May 2025, down -11.8% from ...

THAILAND – Ventec International Group has confirmed its agreement with Jinzhou Precision Technology Corporation to distribute precision drill and router bits in the Europe, Middle East, and Africa ...