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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.

CGTech Releases VERICUT Version 9.2

CGTech has released the latest version of its VERICUT software, Version 9.2. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes.

Sandvik to Acquire DWFritz Automation

Sandvik will acquire DWFritz Automation, a U.S.-based provider of precision metrology, inspection and assembly solutions for advanced manufacturing. DWFritz designs, builds and supports high-speed, non-contact metrology solutions and automation systems.