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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.

First Time’s the Charm

All shops want to be more productive and reduce downtime. For some, this means an investment in a high-end CNC machine tool. Others give quick-change toolholders a try, or pursue an IIoT (Industrial Internet of Things) machining strategy.

Turning Inserts Face New Challenges

Originally marketed for their proficiency in heavy metal removal applications while delivering longer tool life and multi-point efficiency, turning inserts have grown more sophisticated in response to advances in materials, machines, methods, and even social factors.

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.