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Drill/Tap Centers Take to Milling

It is reported that, not too long ago, before the current precipitous decline in machine-tool shipments, the number of 30-taper machines that were being manufactured and sold in Japan had surpassed the numbers of 40-taper and 50-taper machining centers.

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.