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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.

Turning Inserts Face New Challenges

Originally marketed for their proficiency in heavy metal removal applications while delivering longer tool life and multi-point efficiency, turning inserts have grown more sophisticated in response to advances in materials, machines, methods, and even social factors.