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 […]