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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.

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.