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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.

Tooling Up for Success in North America

As one of the top producers of machine tools in the world, Taiwan has a long history of developing and supplying high-quality equipment to global manufacturers.