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Sandvik to Acquire Software Developer CGTech

Sandvik AB has signed an agreement to acquire CGTech, Irvine, Calif., a global developer of software for numerical control (NC/CNC) simulation, verification and optimization.

FAME Establishes in Northwest Florida

In competitiveness studies for economic development projects, a strong workforce is always one of the leading factors for a project win. A talented workforce is also necessary when a company is evaluating expansion opportunities.

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.

Simplifying and Moving Beyond Five-Axis Machining

Five-axis machining, once a novel and somewhat forbidding technology, has become routine in many shops. Meanwhile, some organizations are still hesitant to use it, largely due to programming concerns.