Capital Tool Industries (CTI), a leading gear-cutting tool manufacturer in India is pleased to announce the acquisition of long-established gear tool manufacturer Mico Tools (Mishalle NV) in Belgium. The acquisition extends the CTI footprint in Europe and expands its Gear Cutting Tools product line, especially the Power Skiving Cutters.

Sandvik Coromant, has earned the 2022 IndustryWeek Best Plants Award for its Westminster, South Carolina, production site. The award is given to North American manufacturing plants that lead their industries in outstanding operational excellence, customer service and employee engagement.

Sandvik Coromant has appointed two new members to its management group. Michael Eneberg began his new role as vice president and head of global sales on May 1, 2022, while Nicolas Dellachiesa will join as head of merger and acquisitions (M&A) in June. Reporting to Sandvik Coromant President, Helen Blomqvist, both Eneberg and Dellachiesa will play vital roles in driving the company’s global growth forward.