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EDM Expands into New Territories

The use of electrical discharge machining, or EDM, is spreading as manufacturers need more precisely cut workpieces, often made from tough to machine materials.

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.