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AI-based Solutions for Maximizing Throughput

AI and IIoT technologies are revolutionizing advanced manufacturing, tackling labor shortages, optimizing production, and reducing costs, with real-world success stories highlighting substantial improvements in efficiency and productivity.

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.