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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.

Kennametal Names Christopher Rossi CEO

Kennametal Inc. (Pittsburgh) announced June 29 that its board of directors has appointed Christopher (Chris) Rossi as president and CEO and has named him a director. Rossi succeeds Ron De Feo, whom the board has appointed executive chairman. Both appointments are effective August 1.

Aggressive Machining Requires New Approach to Toolholding

Today, the productivity needed to be globally competitive requires ever increasing metal-removal rates during operations such as roughing and high-speed slotting. Process reliability is paramount, especially when working with difficult-to-machine materials.

Getting a Grip on Rotating Round Tools

Toolholding for rotating round tools—end mills, drills, and taps—continues to evolve with innovative designs aimed at guaranteeing precision, security, and repeatability. As a result, suppliers of toolholding technology have made supporting the precision, security, and repeatability of shrink-fit, mechanical, and hydraulic toolholding the highest priority.