Sandvik Closes Acquisition of US Custom Tooling Maker Peterson Tool.
MANews-(C)2009-2022
Sweden-based engineering company Sandvik has completed the acquisition of the assets of US-based company machine-specific custom insert tooling solutions provider Peterson Tool company, Inc., the company said.
Peterson Tool's product offering includes custom carbide form inserts for high-production turning and grooving applications, primarily within the general engineering and automotive segments.
The company will be reported in the GWS Tool business unit in Walter, a division within the business...
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