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Rollomatic Names New CEO

Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.

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.

RAD Torque Releases B-RAD BL S Torque Wrench

RAD Torque Systems has launched what it calls its most advanced battery tool, the B-RAD BL S. The new torque wrench is an addition to the battery-operated series known as the B-RAD.

Tool Presetters Take On Industry 4.0

For machine shops in a competitive global marketplace, keeping spindles running and making product is the only way to stay in business. Still, adding a new piece of equipment, even with the promise of improving the efficiency of your existing ones, may be a difficult sell to management.