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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.

Aerospace Electrification Challenges, Opportunities

Over the last 30 years, the electrical power demand on aircraft has increased by a factor of 10. While the growth in aerospace E/E systems has introduced new challenges, it is also creating new opportunities.

BIG Kaiser Promotes Jack Burley to President/COO

BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.

Today’s Solid-Carbide Tools Are Top Producers

Solid-carbide round tools have seemingly been around forever; before them, high-speed steel (HSS) tools ruled the roost, and after them a growing selection of alternative processes like indexables, EDM, waterjet and now additive manufacturing emerged as competition.

Rollomatic Names New CEO

Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.

FANUC Breaks Ground on Expansion

FANUC America held a groundbreaking ceremony marking the start of construction of its new West Campus facility in Auburn Hills, Mich.