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Sandvik to Acquire Chinese Round Tools Maker

Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

Hard Facts About the Hardest Cutting Tools

Two things everyone knows about diamonds: they’re very hard and they’re very expensive. And so it is with polycrystalline diamond (PCD) as well as cubic boron nitride (CBN) cutting tools.

Sandvik to Acquire DWFritz Automation

Sandvik will acquire DWFritz Automation, a U.S.-based provider of precision metrology, inspection and assembly solutions for advanced manufacturing. DWFritz designs, builds and supports high-speed, non-contact metrology solutions and automation systems.