The U.S. machine tool (MT) sector has undergone substantial restructuring over the past three decades. Despite signs of a commercial rebound in recent years, however, a number of critical issues remain for this industry. Not all firms share these concerns, in that differences exist between...

Despite increased global market competition, Japan remains a leading producer of metal-cutting machinery. Exporting plays an important role in firm-level strategies, an approach that has occurred with much success in many of Japan's capital goods sectors. This article examines the dynamics of...

Firms in the machine tool (MT) industry produce capital goods that are critical to the manufacturing efforts of other industrial producers, especially those that engage in metalworking activity. Today, US companies in this small but strategically important sector are exposed to substantial...

This paper examines the relationship between firm size and export performance within the US machine tool (MT) industry, a sector comprised primarily of SMEs. Evidence for this analysis is taken from the results of a postal survey of 82 MT exporters representing a cross‐section of company size,...