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Metal Forming ToolsOTHER SUPPLIERS
IndustryNet is the Industrial Marketplace for Metal Forming Tools
The metal forming tools industry focuses on the design, production, and application of tools used to shape and form metal materials into desired geometries. This industry plays a crucial role in manufacturing processes across various sectors, including automotive, aerospace, construction, and consumer goods. Metal forming tools include dies, punches, presses, and molds, which facilitate processes such as stamping, forging, bending, and extrusion. These tools enable the transformation of raw metal sheets or billets into components with specific dimensions and properties.
"Give us the tools, and we will finish the job," Winston Churchill famously once said. Granted, he wasn't talking about carbide tools, but nonetheless tools are as fundamental to U.S. manufacturing as blueprints are to builders. Tool suppliers--whether producing cutting tools, hand tools, power tools, or specialized tooling systems--play a critical role in keeping production lines moving and maintenance teams equipped. This week, we take a closer look at the current state of the U.S. tool supply sector, including the latest trends shaping the market, the largest companies in the industry, and notable suppliers on IndustryNet....(Full Article)
Tool and die makers are machinists who create the parts and tools used to manufacture everything from the smallest toy to the largest jet engine. Originally, all work was done by hand. Today, computer numerically controlled, or CNC, machines perform many of the tasks. Once programmed, CNC machines work quickly, efficiently, and to exact specifications whether an order is for 10 units or 100.
The U.S. Department of Labor's Bureau of Labor Statistics estimates the median annual wage for tool and die makers is around $51,000 per year - well above the average national wage. While no higher education degree is required to enter the field, most tool and die manufacturers undergo an extensive apprenticeship, learning their craft on the job. Some advance from CNC machine operators to CNC progra...(Full Article)
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