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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.

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

Greenleaf Corporation introduced its carbide insert grade G-9610 for higher material removal rate and longer tool life.

Presetters can make life easier on the factory floor. When is the time to step up their use?

Advances in threading tool coatings and geometries tackle the most challenging materials.

One thing that’s certain in developing the most cost-effective solutions for part-off and grooving applications is that there is not just one way to approach the problem and meet basic process requirements for chip evacuation, tool life and surface finish.

Many job shops hold onto traditional, inexpensive tooling systems. ER collets and Weldon flats are tried and true; they work and are proven. At the same time, newer, advanced machining technology, such as multi-axis machines, may perform better when newer, advanced (and more expensive) toolholders are deployed.

GWS Tool Group has acquired Intrepid Tool Industries. Intrepid is the first add-on acquisition in 2020 for GWS.

When weighing the choice of replaceable-tip mills and drills or solid-carbide tools, consider this succinct statement from one industry expert: carbide equals cost.

November 2019 U.S. cutting tool consumption totaled $189.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.