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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.

FANUC America Expands Michigan Campus

FANUC America, a leading supplier of CNCs, robotics and ROBOMACHINEs, announced a West Campus expansion that will push its operational space in Oakland County, Michigan to nearly two million square feet.

FANUC Breaks Ground on Expansion

FANUC America held a groundbreaking ceremony marking the start of construction of its new West Campus facility in Auburn Hills, Mich.

Lear Selected by GM for EV Unit

Lear Corp. said it has been selected by General Motors to exclusively supply the Battery Disconnect Unit (BDU) on all full-size SUVs and trucks built on the automaker’s Ultium EV Platform through 2030.