The European Machine Tool Sector and the Circular Economy
CECIMO has published a report underlining how the shift towards a circular economy calls for a prominent role of manufacturing. Within it, the machine tool sector plays a crucial role. Machine tools already have multiple lifetimes and embrace some key principles of the circular economy. But there is always room for improvement.
The sector can invest in advanced manufacturing technologies, but also build upon the existing good practices. This would lead to improved productivity and resource efficiency, and consumers enjoying products that last longer and use less energy.
The report also makes recommendations to the industry and policy makers.