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Cutting Tool Shipments Up 2% from January to February 2026

Shipments of cutting tools, measured by the Cutting Tool Market Report, a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $225.1 million in February 2026. Orders increased 2% from January 2026 and were up 12.8% from February 2025.

July 15, 2026

Shipments of cutting tools, measured by the Cutting Tool Market Report, a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $225.1 million in February 2026.

Orders increased 2% from January 2026 and were up 12.8% from February 2025. Year-to-date shipments totaled $445.8 million, up 11.3% from the same period in 2025. The number of units shipped also increased slightly from January.

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“The first quarter of 2026 looks a bit better from a sales perspective,” said Mike Stokey, president of USCTI and executive vice president and owner of Allied Machine & Engineering, a cutting tool manufacturer. “Unfortunately, there continues to be uncertainty regarding the cost and supply of raw materials. The leadership and membership of USCTI are keeping a close eye on this issue. These factors, along with the war in the Middle East, are requiring constant attention from our entire industry.”

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