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.
Zekelman Industries had a goal to deliver steel-framed, volumetric modular building units up to 50 percent faster, without cost overruns, built to 1/16” (1.59-mm) tolerance.
Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.
Two things everyone knows about diamonds: they’re very hard and they’re very expensive. And so it is with polycrystalline diamond (PCD) as well as cubic boron nitride (CBN) cutting tools.
Hardinge Inc. and J.G Weisser GmbH & Co. KG have entered into a definitive agreement under which Hardinge will acquire Weisser.
While some people think bridge-style machining centers are only for very large parts, these rigid, highly accurate CNC machine tools come in a range of sizes and configurations are good for parts of all sizes.
The fully automated system is aimed at 6-sided machining for medical, aerospace.
With the ongoing shortage of skilled workers and the pickup in the economy, suppliers of welding equipment are finding ways to making welding easier for those working in manufacturing. Automation is the leading technique among many.
Sandvik will acquire DWFritz Automation, a U.S.-based provider of precision metrology, inspection and assembly solutions for advanced manufacturing. DWFritz designs, builds and supports high-speed, non-contact metrology solutions and automation systems.
To assist manufacturers on their Industry 4.0 journey, global engineering technologies company Renishaw has partnered with the Connecticut Center for Advanced Technology. Renishaw provided the center with industrial metrology and additive manufacturing equipment to help companies adopt new manufacturing strategies and accelerate implementation of new digital technologies.