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SMW Autoblok Acquires Tecnomagnete

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

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.