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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.

Is now the time to get a cobot?

In this podcast, Bruce Morey, Senior Technical Editor for Manufacturing Engineering Magazine discusses collaborative robots, or cobots, with Steve Apel. He is a Regional Automation Manager for Acieta. In this role, he helps solve customer challenges through the adoption of new robotic automation technologies.

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.