America’s capacity to design, make and use advanced machine tools has consequently eroded. According to the 2020 World Machine Tool Report, the U.S. has not been the global leader in machine tool ...

The answer: shorter and shorter wavelengths of light. ASML’s first lithography tools created light at wavelengths of 436 nanometers. The current machines have shrunk that number to 13.5 nanometers.

Through nine months of the current year, machine-tool new orders total $4.115 billion, 53.1% higher than last year’s order volume, according to the U.S. Manufacturing Technology Orders Report. The AMT ...

It’s the second acquisition for Manitowoc Tool & Machining in less than a year. The company acquired GV Machining in May 2023. MTM employs 225 workers and operates 134 machine tools.