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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.

Renishaw, CCAT Join Forces

To assist manufacturers on their Industry 4.0 journey, global engineering technologies company Renishaw has partnered with the Connecticut Center for Advanced Technology. Renishaw provided the center with industrial metrology and additive manufacturing equipment to help companies adopt new manufacturing strategies and accelerate implementation of new digital technologies.