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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.

dgs Acquires Omega Design Studio

dgs Marketing Engineers has acquired Omega Design Studio, one of central Indiana's premier original web design and programming firms.

Five-Axis Industries Drives Quality With Inspection

To raise the bar on the status quo in unlimited hydroplanes, Ellstrom Racing started Five-Axis Industries, which in the beginning was essentially a hobby shop specializing in five-axis machining to make difficult-to-manufacture parts from hard metals, including titanium and stainless alloys.

Lacks Names Two Co-Chairs of Board

Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.

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.