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AM Poised to Transform Aviation MRO Industry

Big things are happening in the aviation maintenance, repair and operations (MRO) market: the first industry-wide material allowables for metal additive manufacturing (AM) parts are anticipated to be released this autumn.

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.

Canada’s ICAM to be acquired by Sandvik Coromant

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.