Economic News Blog
13. May 2015

2015 Tooling & Workholding Survey and Forecast for Cutting Tools is $3.5 Billion

Plants with 100-249 Employees Plan to Spend the Largest Amount; Metalcutting Job Shops Largest Spenders

$3.5 Billion Market Projected for Cutting Tools
Plants with 100 to 249 employees are the largest segment of this market with projected spending of $901.7 million. The table below represents spending intentions by plant size for cutting tools.

Metalcutting Job Shops Largest Spenders on Cutting Tools
Metalcutting job shops plan to spend the largest amount on cutting tools with projected spending of $1.2 billion. The table below represents spending intentions by industry for cutting tools.

Need more information?
Contact your GPI representative or
Steve Kline, Jr.
Director of Market Intelligence
Gardner Business Media, Inc.
513-527-8800
800-950-8020
Fax: 513-527-8801
capmkt@gardnerweb.com

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