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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.

Improving maintenance in manufacturing

Preventive maintenance is essential for manufacturers to reduce downtime—and the vast amounts of data being produced by plants can be effectively used for predictive maintenance.

Lacks Names Two Co-Chairs of Board

Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.

Canada’s ICAM to be acquired by Sandvik Coromant

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.