Sandvik has wrapped up the previously announced acquisition of the assets of Peterson Tool Company (PTC) an American supplier of machine-specific custom insert tooling solutions. The financial terms of the deal were not disclosed by the Swedish engineering firm. Based in Nashville, Peterson Tool Company offers custom carbide form inserts for high-production grooving and turning […]
Sandvik, a Swedish engineering firm, has agreed to acquire the assets of Peterson Tool Company, a US-based supplier of machine-specific custom insert tooling solutions, for an undisclosed price. Peterson Tool Company’s products include custom carbide form inserts that are used in high-production turning and grooving applications, mainly within the automotive and general engineering segments. It […]
