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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.

MxD Secures $8.5 Million in 2021 Defense Appropriations Legislation

With the passage of the fiscal year 2021 Consolidated Appropriations Act at the end of 2020, MxD, the national digital manufacturing institute, secured $8.5 million in funding from the U.S. Department of Defense for 5G for manufacturing and cybersecurity for arsenal supply chains.

Braskem’s use of digital twin exemplifies Society 5.0

To achieve a better world, we have chosen Society 5.0 as our key driver. The evolution of automation technologies in the context of Industry 4.0 and Industry 5.0 is fantastic, but the focus should be to benefit society, humankind and the earth.

RAD Torque Releases B-RAD BL S Torque Wrench

RAD Torque Systems has launched what it calls its most advanced battery tool, the B-RAD BL S. The new torque wrench is an addition to the battery-operated series known as the B-RAD.