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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.

Kubota Shuffles Executive Team

Kubota Corp has named a new CEO for Kubota North America, a new president for Kubota Tractor Corp., and a new VP for North America Manufacturing.