The industry
Where manufacturing begins

The European machine tool industry

The Machine tool industry is the backbone of modern manufacturing. Machine tools enable the production of other industrial equipment and machinery – they are the starting point of almost every metal manufacturing activity. The industry is concentrated on customised and small-scale production of high-precision machines, machines that produce various goods from bicycles to planes, from watches to computers. It is not too much to say that machine tools have a fundamental impact on the productivity and competitiveness of the entire European manufacturing industry. In short, the machine tool industry is a key enabling sector in Europe.