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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.

Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.

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.

To assist manufacturers on their Industry 4.0 journey, global engineering technologies company Renishaw has partnered with the Connecticut Center for Advanced Technology. Renishaw provided the center with industrial metrology and additive manufacturing equipment to help companies adopt new manufacturing strategies and accelerate implementation of new digital technologies.

Index Corp. has partnered with Machinery Solutions, Inc. to cover sales in North Carolina, South Carolina and Virginia.

Sandvik AB has agreed with Battery Ventures to acquire U.S.-based Cambrio, which has a portfolio in CAD/CAM software for manufacturing industries.

Absolute Machine Tools has earned the title of Diamond Partner Systems Integrator from Mitsubishi Electric Automation Inc. The partnership is expected to expand opportunities in robotics and automation for 0020both companies.

CRT, a turbine repair firm, is working with Tooling U-SME to educate its workforce. With more than 300 different courses in machining and an extensive library available in welding and inspection, CRT is pleased with the breadth of content.

More than 70 years after the first CNC lathe, toolroom models are as useful as ever.

Felsomat USA will host Innovation Day on June 10 at its U.S. headquarters in Schaumburg.