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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.

DSM Recycled Plastic Wins Award

DSM Engineering Materials said Ford Motor Co., HellermannTyton, and DSM earned an Innovation Award from the Society of Plastics Engineers (SPE) for the use of Akulon RePurposed recycled ocean plastic in the Ford Bronco Sport.

SMW Autoblok Acquires Tecnomagnete

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

Tide Rock Acquires Plastic Molding Technology

Tide Rock Holdings, a San Diego-based holding company, recently acquired Plastic Molding Technology, a full-service precision injection molding company located in El Paso, Texas.

LIMS Edge Device Expedites Entry into Industry 4.0 Production, Competitiveness

LIMS—the Low Investment Manufacturing System—is an unassuming little box consisting of a computer with proprietary Solution Engine software and an I/O hub that plugs into a standard outlet. When wired at the edge of a piece of production equipment, it becomes a simple solution for collecting and sharing complex sensor-derived data.