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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.

Making Auto Parts in 2035

Light vehicles will be so different by 2035, experts aren’t even sure we’ll still call them “cars.” Perhaps “personal mobility devices.” More important will be the radical changes to the manufacturing of automotive parts.