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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.

A More Affordable, Less Complex MES

A manufacturing execution system is often the first step for Industry 4.0 implementation, but most are optimized to serve OEMs. Pico MES Inc. is looking out for the little guy.