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The unassuming machine shop plays a vital role in the American manufacturing landscape. From the intricate parts in an aircraft engine to the gears in your car's transmission, machined components are the building blocks of countless products. While the industry has faced headwinds in recent years, it remains a significant employer and economic driver. This article will explore key facts and trends in the U.S. machining industry, including exclusive statistics gathered by MNI, and explore the industry's top companies.
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ABRAMS Industries was started in Germany in 2002 by Dr. Jurgen Abrams with the goal of shaking up an already-packed steel supplier market. Facing 60 already established companies, Dr. Abrams had to do something different. From a very young age, Dr. Abrams learned the value of doing things on your own with your own two hands. At just five years old he asked his father for help with a flat tire on his bike. Instead of helping, his father taught him a lesson that would change Dr. Abrams' life forever. His father told him he had to do it himself. This lesson from his father translated into years of tinkering and machining that eventually led to an education in engineering and business.
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Machining as a service is critical to the manufacturing and production of many different products ranging from household items to spacecraft.
Like every other industry in manufacturing, machining has suffered from the effects of COVID-19 closures.
The good news is that the industry is recovering in sync with the reopening of economies across the country....(Full Article)
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