Sandvik

Sandvik is a high-tech and global engineering Group with about 40,000 employees with a strong commitment to enhancing customer productivity, profitability and sustainability.

Our operations are based on unique expertise in materials technology, extensive knowledge about industrial processes and close customer cooperation. This combination, coupled with continuous investments in research and development (R&D), has enabled us achieve world-leading positions in the following areas:

• Tools and tooling systems for industrial metal cutting
• Equipment and tools, service and technical solutions for the mining and construction industries
• Advanced stainless steels and special alloys as well as products for industrial heating

Business areas

The Sandvik Group conducts operations in four business areas with responsibility for research and development (R&D), production and sales of their respective products and services.

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 production on an industrial scale. At an early stage, operations focused on high quality and added value, investments in R&D, close contact with customers, and exports. This is a strategy that has remained unchanged through the years.

As early as the 1860s, the product range included drill steel for rock-drilling. The company's listing on the Stockholm Stock Exchange took place in 1901. The manufacturing of stainless steel began in 1921 and cemented carbide in 1942. Production of cemented-carbide tools began in the 1950s in Gimo, Sweden.

In 1972, the company name was changed to Sandvik AB, and in 1984, a new type of organization was introduced, with a parent company and separate business areas.

The company has continuously developed its offerings, including new technologies. In addition to organic growth, Sandvik's expansion has also involved a series of company acquisitions over the years. One example is Tamrock, the Finnish manufacturer of rock-excavation machinery.

Today, Sandvik's operations are concentrated on the following core areas:

• Tools and tooling systems for industrial metal cutting
• Equipment and tools, service and technical solutions for the mining and construction industries
• Advanced stainless steels and special alloys as well as products for industrial heating

PRODUCTS & SERVICES

Sandvik products and services enhance customers' productivity, help ensure workers' safety and reduce environmental impact. Go to our industry offerings to find out more.

Metal-cutting and digital manufacturing solutions

Metal-cutting tools, tooling systems and digital manufacturing solutions.

Mining and construction equipment and tools

Equipment, tools and technical solutions for the mining and construction industries.

Stainless steels, special alloys and titanium

Tube, strip, wire, powder and a range of other products in special alloys.

Additive manufacturing

Materials and services covering the entire additive manufacturing value chain.

Tungsten powder and recycling of tools

Tungsten carbide, metal and oxide in powder form. Recycling of tools.

Furnace products and heating systems

Heating elements, resistance materials and systems for industrial heating.