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Machine Tool Orders Surge in February

Machine tool orders rose on both a monthly and year-over-year basis in February, AMT – The Association for Manufacturing Technology said today.

GM, Honda to Co-Develop EVs

General Motors Co. and Honda Motor Co. will co-develop a series of “affordable” electric vehicles, the automakers said today.

Walter to Acquire GWS Tool Group

Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.