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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.

U.S. Cutting Tool Orders Rise on Monthly Basis in February

February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

Get ready for metamorphic manufacturing

Metamorphic manufacturing, also known as robotic blacksmithing, is poised to bring about faster time to market, less material waste, more available materials, less energy used and more control, proponents said.

CMMC: Experts parse DoD’s new cybersecurity rules

Current and prospective member companies of the defense industrial base (DIB) have watched with interest as the U.S. Department of Defense (DoD) developed its all-encompassing Cybersecurity Maturity Model Certification (CMMC) program.