Sandvik Acquires Melin Tool Company

SANDVIKEN, Sweden, Jan. 2, 2020 /PRNewswire/ — Walter, a division within Sandvik Machining Solutions, has reached an agreement to acquire the privately owned US based company Melin Tool Company, a manufacturer of solid carbide tools. The acquisition further strengthens Walter’s round tool offering, especially for the aerospace industry and the US channel partner market.

Comments are closed.

Free newsletter for stock pics, interview transcripts & investing ideas