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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.

CNC Software Inc. has announced that currently maintained Mastercam customers can now participate in the Public Beta Program for Mastercam 2022.

Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.

Key steps are virtual twins and real relationships.

Bosch said it is moving forward with volume production of silicon carbide chips.

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.

The acquisition of CAD/CAM pioneer Mastercam by Sandvik Manufacturing Solutions will help further tooling developments.

While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.

Automakers will need more flexible manufacturing with the shift to electric vehicles, plug-in hybrids and other powertrains, automation company ABB said today in a presentation.

The most important step in digitizing any manufacturing or supply chain process is analysis of the ROI and business case and being able to demonstrate success to company leaders.