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Trumpf Shows New Offerings—Virtually

Among the expected new product offerings a company such as Trumpf would offer at FABTECH, it chose to show all of its offerings via large video screens and real-time links. It shows the reality of not only Industry 4.0 but Marketing 4.0 as well.

Hardinge Acquires Ohio Tool Works

Hardinge Inc. has acquired Ohio Tool Works, LLC. Hardinge said the deal will enhance its machine tool and workholding portfolio.

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.