company_name = Sandvik AB
company_type = Public (OMX|SSE4928|SAND)
company_slogan = "We make it possible"
key_people = Lars Pettersson (President and CEO), Clas Åke Hedström (Chairman of the board)
products = Tools for metal cutting, mining and construction tools, stainless steel and special alloy products
homepage = [http://www.sandvik.com/ www.sandvik.com]
revenue = SEK 86,338 million (2007)cite web |url=http://www3.sandvik.com/pdf/ar_2007_eng/ar_2007_eng.pdf |title=Annual Report 2007 |accessdate=2008-04-14 |publisher=Sandvik]
net_income = profit SEK 9,594 million (2007)
num_employees= 47,000 (2007)
intl = yes
Sandvik is a Swedish company founded in
1862by Göran Fredrik Göranssonin Sandviken. It is a high-technology engineering group and a world-leader in tooling, materials technology, mining and construction. It has about 44,000 employees in 130 countries, with annual sales of approximately SEK 86 billion.
Sandvik consists of three "business areas" as following:
*Sandvik Material Technology
*Sandvik Mining and Construction
The "tooling" business area is primarily concerned with the production and development of metal cutting tools. Manufactures of
carbidetipped toolingfor metal cutting applications.
*It is comprised of several brands as a result of Sandvik acquiring other corporations and keeping their brands. Tooling began as "Sandvik Coromant" and
Coromantremains one of Sandvik Tooling's most important brand.
*Another "Brand" is the
Dormer Toolscompany of Sheffield, England. Formerly known as the "Sheffield Twist Drill Company Ltd" whose brand name was "Dormer". [Sheffield Telegraph Newspapers, 4/7/08]
*"Aven" Brand of files and saws, formerly produced in
Materials Technology Division
The "Materials Technology" business area specializes in speciality alloy
steels and, to a lesser extent, other special alloys.
Mining and Construction Division
*Manufacture cutters and ground engagement wear parts (Cutting tools and replaceable teeth)
*The Rammer" rand of hydraulic breakers (Hammers) for
List of Swedish companies
* [http://www.sandvik.com/ Sandvik] - Official site
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