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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.

Methods Machine Tools Announces Partnership with OKK

Methods Machine Tools Inc., a supplier of precision machine tools and automation, has announced that effective October 1, 2019 it is representing OKK Corp. in North America. OKK is a builder of horizontal, vertical, and five-axis machine tools.