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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.

Machining Any Part, Any Time on Any Machine

Not every contract manufacturer has the capability to quickly switch production between myriad parts, but that’s exactly the position FPD Co. is in thanks to Grob Systems Inc.’s automated five-axis machining.