North American Tooling Spend Forecasted to Reach $8.3 Billion in 2025
Mold Making Technology
NOVEMBER 15, 2022
billion in spending in 2025, a significant increase from 2022 estimated spend of $5.7 Furthermore, the Detroit Three automakers, who source most of their tools in this region, are planning to source tooling for all new full-sized pickup trucks and SUVs in 2024/2025 and 2026, which significantly increases the tooling demand.
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