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Desktop Metal, University of Toledo Form Partnership

Desktop Metal and the University of Toledo Institute of Applied Engineering Research today announced a partnership to support the development of nickel-titanium (Nitinol) alloys, Rene alloys, and other non-weldable nickel-based, high-temperature materials on the Production System platform.

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.