Machine tool consumption continues to climb.(technology trends)

Manufacturers continue to invest in metalworking equipment, according to the novel machine tool consumption report released through AMT--The Association For Manufacturing Technology and the American Machine Tool Distributors Association.

According to the report, U stores bought new technology in April to the strain of $257.39 million, a 290% increase above April 2004. The number was down 83% from March. However, with a year-to-date total of $96935 million, 2005 is