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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.

Allied Donates Boring Tools to Submarine Restoration

Allied Machine and Engineering, a leading manufacturer of holemaking and finishing cutting tools for the metal-cutting industry, recently donated various boring bars and inserts to be used with a 1954 Wohlhaupter boring head on the USS Pampanito restoration project.

dgs Acquires Omega Design Studio

dgs Marketing Engineers has acquired Omega Design Studio, one of central Indiana's premier original web design and programming firms.