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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.

‘At the cusp of something awesome’

Sudhi Bangalore, chief technology officer for global operations at the tool giant Stanley Black & Decker, champions the global movement toward smart manufacturing.

VR stands ready to stand in (for R)

When designers at Siemens started using virtual reality (VR) to quickly evaluate early-stage ideas, the usually slow and costly design-and-iteration process went from days and hours to minutes.

IACMI supplies scale-up testing for new composite parts

Until just a few years ago, if a vehicle maker wanted to test the process for making a newly designed composite part at full scale, the company’s R&D engineers would call one of its Tier Ones and ask to schedule a trial run on the composites fabricator’s machines during off hours.