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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.

Ceratizit Hosts Online Cutting Tool Optimization Event

An online “It’s Tool Time” event, eight months after Ceratizit’s first Tool Time show, focused on how manufacturers merge the use of Ceratizit cutting tools–from a portfolio of 65,000 products–with new technologies such as additive manufacturing.

Financial Stress Impacts Your Business

Manufacturing workers are financially stressed, which can lead to distractions on the job and increased absenteeism. Helping relieve some of that stress may lead to increased workforce productivity and can give you a strategic advantage in attracting and retaining key talent.