Harbour Results, Inc. (HRI), Southfield, MI, has released the results of its Q1 2022 Harbour IQ Manufacturing Pulse Study, indicating that the tooling industry rebounded in 2021 with companies on average seeing year-over-year revenue growth of 10 percent. Additionally, mold and die shops saw utilization range between 81 and 89 percent throughout 2021 and, although Q1 2022 has started out slightly slower, shops forecast utilization to reach 90 percent (mold) and 82 percent (die) by Q4 2022.
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