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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.

CERATIZIT Introduces New Tool

CERATIZIT said it has developed a combination tool for heavy goods vehicle (HGV) freeze plug/water plug boring.

Rollomatic Names New CEO

Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.

Digital Twins for the Machining Process

Digital twins are breathing life and innovation into increasingly more areas of manufacturing as well as solving challenges for machine shops of all sizes. With the skilled labor shortage and an ongoing effort to reshore high-tech manufacturing to the U.S., digital twins have a lot to offer.