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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.

Cutting-Edge Precision

From a conventional machine operator to the founder of a company that manufactures high-precision cutting tools, Kumar Arumugam Naidu took his company to the next level through education and key partnerships.