Walter will assume governance of the round tool production unit in Greer, S.C., through an intra-company transfer within the Sandvik Group to strengthen its manufacturing presence in the U.S.
Hardinge Inc. has acquired Ohio Tool Works, LLC. Hardinge said the deal will enhance its machine tool and workholding portfolio.
Sandvik Coromant has opened a new U.S. manufacturing center and placed its U.S. headquarters at the facility.