The US endured a 36 drop in the number of tool and die shops between 1998 and 2010 Those that remain like Fiat Chrysler Automotiversquos tooling subsidiary Autodie have worked to adapt to the cyclical nature of the automotive business by diversifying their services
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ldquoSince the November elections the cutting tool industry has been following the economic indicators and the growing optimism for an improving manufacturing marketrdquo according to AMTrsquos Brad Lawton