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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.

Hard Facts About the Hardest Cutting Tools

Two things everyone knows about diamonds: they’re very hard and they’re very expensive. And so it is with polycrystalline diamond (PCD) as well as cubic boron nitride (CBN) cutting tools.