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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.

Mitutoyo America Expands Custom Solutions Offerings

Mitutoyo America Corporation has expanded its Custom Solutions offerings. Mitutoyo will now offer “end-to-end solutions” for all its customers’ needs and have the ability to customize products and advanced technology for specific applications.