According to the 2017 McKinsey report “Making it in America – Revitalizing U.S. Manufacturing,” the manufacturing industry is responsible for 35% of the nation’s productivity growth, 60% of its exports and about 70% of private sector R&D spending. These figures point to just how impactful American manufacturing is to the U.S. economy. Visionary American manufacturers have the opportunity to lead the evolution in this industry, which is the basis for the growth/investment strategy of ARCH Cutting Tools (ACT).

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