Sandvik
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| Sandvik AB | |
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| Type | Public (OMX: SAND) |
| Founded | 1862 |
| Headquarters | Sandviken, Sweden |
| Key people | Lars Pettersson (President and CEO), Clas Åke Hedström (Chairman of the board) |
| Industry | Engineering |
| Products | Tools for metal cutting, mining and construction tools, stainless steel and special alloy products |
| Revenue | SEK 86,338 million (2007)[1] |
| Profit | ▲ SEK 9,594 million (2007)[1] |
| Employees | 44,420 (2007)[1] |
| Website | www.sandvik.com |
Sandvik is a Swedish company founded in 1862 by Göran Fredrik Göransson in 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.
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[edit] Corporate Structure
Sandvik consists of three business areas as following:
- Sandvik Tooling
- Sandvik Material Technology
- Sandvik Mining and Construction
The tooling business area is primarily concerned with the production and development of metal cutting tools. It is comprised of several brands as a result of Sandvik acquiring other corporations and keeping their brands. Tooling began as Sandvik Coromant and Coromant remains one of Sandvik Tooling's most important brand.
The Materials Technology business area specializes in speciality steels and, to a lesser extent, other special alloys.
[edit] See also
[edit] References
[edit] External links
- Sandvik - Official site
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