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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 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.

FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.

Recycling equipment manufacturer Harris Equipment Co., Cordele, Ga., saved 50 percent per job tapping Hardox 450 steel wear plates by switching to taps from Emuge Corp., West Boylston, Mass.

The addition of a new machine can be exciting for a metalworking business. It signals progress and growth while giving the team something new and exciting to work and experiment with.

When visiting some machine shops I hear PM, most commonly known as preventive maintenance, referred to as “postmortem,” as in, “We just run the machines until they die.”

Mno-Bmadsen has acquired Walerko Tool and Engineering Corp. through its manufacturing investment vehicle Mno-DREK.

Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.

The management team of Okuma America Corp. has announced that BIG Kaiser Precision Tooling Inc., Hoffman Estates, Illinois, recently joined the Partners in THINC network. 

Carsten Liske was named Chief Executive Officer of CHIRON Group SE effective March 1, rounding out the senior management team at the machining centers and solutions specialist.