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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.

Future Trends for Manufacturing

The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.