Coromant is a Swedish company that supplies cutting tools and services to the metal cutting industry. Coromant is headquartered in Sandviken, Sweden and is represented in more than 150 countries with some 7900 employees worldwide. It is part of the business area Machining Solutions within the global industrial group Sandvik.

AB is a high-technology engineering group. The Company develops, manufactures, and markets tools for metalworking applications, machinery and tools 

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SDVKY SANDVIKEN, Sweden, Nov. 22, /PRNewswire/ -- has signed an agreement to acquire 100% of the equity interests of the US based company GWS Tool Intermediate Holdings LLC ("GWS" or

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Inc. manufactures and distributes tools and tooling systems. The Company offers construction equipment, furnace products and heating systems, rotary tool blanks and cutters,

has signed an agreement to acquire Deswik, a privately owned mine planning software provider based in Brisbane, Australia. Deswik will form one of three cornerstones for 's new Digital Mining Technologies, which also includes the company's automation solutions group and the Newtrax telemetry and collision avoidance systems.

has a very Sweden-centric ownership, with 12.5% of the shares being owned by massive investment company Industrivärden (OTCPK:IDTVF).

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History The Company was founded in 1862 by Göran Fredrik Göransson, who was first in the world to succeed in using the Bessemer method for steel 

10/20 · GCTech, on the other hand, is not big even though it more or less owns the NC simulation market. said in investor documents that CGTech had revenue of $49 million in — not huge for a company founded in 1988 and with around 180 employees.