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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.

Mazak to Demo 30+ Advanced Machining Systems at DISCOVER 2019

At the DISCOVER 2019 manufacturing education and technology event, Mazak Corp. will demonstrate more than 30 manufacturing systems ranging from cost-efficient turning and milling solutions to hybrid technologies that the company says will allow manufacturers to re-imagine part-production operations altogether.