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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.

CAD/CAM Software For Fast, Efficient Prototyping

Innovative products call for creative developers equipped with prototyping technology that implements their ideas efficiently. That is true for Kärcher, a global manufacturer of cleaning equipment. Located near Stuttgart, Germany, Kärcher, is part of Alfred Kärcher SE & Co. KG Group, which has more than 13,000 employees in over 127 companies across 72 countries.