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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.

My Robot Colleague Has It All Under Control

The SafeMate research project, funded by the German Federal Ministry of Education and Research (BMBF) in the “Innovations for the Production, Service and Work of Tomorrow” program, strategies and concepts were developed for the introduction and design of collaborative assembly workplaces.

Toolholder System Empowers Workers, Boosts Productivity

How do you boost productivity in a highly competitive industry segment while improving the quality of life for your workforce? That’s the story of Skills Inc. (Auburn, WA), a company that is so unique it has two bottom lines—one financial and one social.