Sandvik Acquires US-based Custom Tools Manufacturer Peterson Tool Company

Computer Aided Manufacturing

Sandvik Acquires US-based Custom Tools Manufacturer Peterson Tool Company

STOCKHOLM, Sweden, Jul 18, 2022 – Sandvik has completed the previously announced acquisition of the assets of US based company Peterson Tool Company, Inc., (“PTC”) a leading supplier of machine-specific custom insert tooling solutions. The product offering includes custom carbide form inserts for high-production turning and grooving applications, primarily within the general engineering and automotive […]

Sandvik Acquires US-based Custom Tools Manufacturer Peterson Tool Company

2022-07-18 22:04

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