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Good News for Smaller Manufacturers

Larger manufacturing enterprises have benefitted from smart-manufacturing innovations while smaller manufacturers have lagged behind—but that is changing.

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.

CAD/CAM Drives Additive Ahead

CAD/CAM improves generative design, print simulation, path programming and process control in additive manufacturing.

Eaton Receives DOE Award

Power management company Eaton announced a $4.9 million award from the U.S. Department of Energy (DOE) to reduce the cost and complexity of deploying direct-current (DC) fast electric vehicle charging infrastructure (EVCI).

Sandvik Creates More Sustainable Packaging

Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.