Annual output value of European tool industry is about 7 billion euros

The European Cutting Tool Association (ECTA) estimates from 2010 data that the annual value of the European tool industry is about 7 billion euros, of which the annual output value of cutting tools is about 5 billion euros, and the annual value of the tool chuck is about 2 billion euros. The number of employees in the European tool industry is approximately 60,000. The export of European tool products accounts for more than 50% of the global tool export.

Steel Cutting Machine

Steel shearing machines are used by manufacturing companies to cut sheet metal, as well as other materials and workpieces, with a straight blade. The sheet metal is secured below the cutting blade, after which the cutting blade drops down to cut through it. There are many different types of shearing machines, however, one of which is an Alligator Shear. Alligator shears contain a straight-bladed cutting tool as well, but they feature a unique alligator-like design that distinguishes them from other shearing machines.

Steel Shearing Machine, Steel Shear, Steel Alligator Shear, Steel Guillotine Shear

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