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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.

Hexagon Enters Pact with NASCAR Team

Hexagon has joined 14-time NASCAR Cup Series champions Hendrick Motorsports as its official metrology hardware and software provider for the next decade.