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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.

Mazak Brings Precision Machining to PRI 2023

Mazak Corp. will be demonstrating three automation-ready machines designed for motorsports part production at this years Performance Racing Industry Show in Indianapolis.

Precision Honing Powers Champion Racing Teams

In auto racing, small details have a major impact on success—a concept very familiar to performance racing parts provider Oliver Racing Parts (Charlevoix, MI). Oliver produces performance connecting rods for the world’s leading engine builders.

Chrysler Implements Flexible Manufacturing

Challenged by an increasingly niche-oriented automotive market, The Chrysler Group (Auburn Hills, MI) must increase the number of models it offers while decreasing its capital investment. The company plans to offer 50% more models in 2009 compared to 2004, according to John Felice, VP of manufacturing, technology and global enterprise for Chrysler.