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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.

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.

RAD Torque Releases B-RAD BL S Torque Wrench

RAD Torque Systems has launched what it calls its most advanced battery tool, the B-RAD BL S. The new torque wrench is an addition to the battery-operated series known as the B-RAD.

The Growing Importance of MBD

SME discussed with David Olson of Verisurf the growing importance of Model-Based Definition and the use of standard formats by small and medium sized manufacturers.