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Sandvik - Sandvik Group

After more than 140 years, the Sandvik Group has evolved into a global leader in manufacturing processes. With a prudent pioneering approach and high value-added products and services, today's Sandvik Group has successfully expanded its business scope and its revenue has climbed to 101.6 billion RMB. We are present in 130 countries and have more than 40,000 employees worldwide. The Group's headquarters are located in the Swedish city of Sandviken, where the Group got its start back in the 19th century. The Group's growth has been so successful thanks to its advanced and extensive research and development work. The Group invests more than 2 billion RMB per year in research and development. The Group has an efficient and distinctive development strategy and holds leading positions in the industries in which it operates. Sandvik's customers are active in a wide range of sectors, including automotive, aerospace, mining and construction, chemical, oil and gas, power, pulp and paper, household goods, electronics, medical technology and healthcare.

Sandvik - Sandvik in China

Sandvik came to China as early as 1985. Sandvik's markets in China include mainland China, Hong Kong and Taiwan. 2007 sales in China amounted to 3.8 billion RMB, with more than 1,500 employees, 25 offices and seven production sites.

In 2009, Sandvik is a year of "building on strength". September 17, Sandvik announced the completion of a world-class mining and construction machinery manufacturing plant in Jiading District, Shanghai, covering an area of 120,000 square meters, seven times larger than the first phase of the plant built in Shanghai in 2005, is expected to be able to supply the world's Asian mining and construction machinery to the Asian market every year. It is expected that the new plant will be able to supply more than 3,000 units/sets of equipment per year to the rest of the world's mining and construction machinery market in Asia, 60% of which will be sold locally in China

Sandvik - Sandvik's three main business areas

Sandvik Cutting Tools

Sandvik Cutting Tools, as one of the Sandvik Group's business sectors, is the world's leading supplier of cutting tools, and the industry is one of the most important sectors of the industry. The products of this industry are manufactured from carbide, high speed steel and other hard materials including diamonds and special ceramics. Established brands include Sandvik Coromant, Sandvik Hard Materials, Walter, Vannett, Safety and Domar.

Sandvik Mining & Construction Machinery

As one of the industries of the Sandvik Group, Sandvik Mining & Construction Machinery produces machines and carbide tools for the mining and construction industries that need to excavate ore minerals, and provides related technical support. These machines and carbide tools, as well as the technical support, occupy a leading position worldwide. This industry sector includes five customer segments: underground soft rock, underground hard rock, surface mining, construction machinery and exploration.

Sandvik - Sandvik Materials Technology

As part of the Sandvik Group's industry range, Sandvik Materials Technology produces and manufactures advanced stainless steels, specialty alloys, metallic and ceramic thermoplastic materials, as well as conveyor belts and sorting systems with a high value-added, global leadership position. The product range includes steel tubes, steel bars, precision and coated steel belts, Contel, Sandvik Drive Systems and medical metal materials.

Recent developments

Sandvik Mining & Construction announced that the company's world's largest manufacturing plant for mining and construction machinery has been opened in Shanghai. The completion of this world-class plant marks an important step in the implementation of the Sandvik Group's long-term strategy to consolidate its market leadership in Asia. Sandvik Group is a leading Swedish high-tech engineering group supplying customers with a wide range of advanced drilling tools, mining and construction machinery and materials, with annual sales of $11 billion.

Sandvik Mining and Construction Machinery's new 120,000-square-meter plant in Shanghai's Jiading Industrial Zone is seven times larger than the first phase of the plant, which was completed in Shanghai in 2005. The new plant will be able to supply more than 3,000 sets of equipment to the mining and construction machinery market in Asia and the rest of the world each year, all of which boast Sandvik's best technology, quality and safety features. Crushers, loaders and drilling rigs from a wide range of Sandvik brands (including the former international brands Tamrock, Voest Alpine, Svedala and Rammer), as well as a variety of other products supplied to mining and construction customers, can be assembled at the plant.

The project brings together all of Sandvik's engineering know-how, proven testing methods, manufacturing and tooling expertise that has been built up around the world. The plant has been successfully certified to ISO 9001, ISO 14001 and OSHAS 18001 last year and strives to be one of Sandvik's benchmark companies worldwide in terms of health, safety and environmental protection.

This major investment will allow Sandvik to better serve its customers in the fast-growing Asian market by ensuring quality and safety, shortening lead times and providing customers with the equipment and service personnel they need at all times.

It also offers Sandvik's customers new opportunities to see and test Sandvik's best products for themselves and to train their operators at a world-class training academy. In addition, the plant can utilize its large inventory to ensure the supply of spare parts needed by its customers.

In addition to the new Jiading plant, Sandvik Mining & Construction Machinery has begun manufacturing its renowned drilling rigs in a modern new plant in Wuxi, further strengthening Sandvik's leadership position in the drilling rig market.

As a leading supplier of equipment and services to the global mining and construction machinery market, Sandvik has taken a major step forward in China to better serve the domestic market, as well as the fast-growing export market.

Sandvik also aims to gradually develop a world-class supplier base in China that not only meets the highest quality and technical standards, but also offers greater capacity and flexibility. The Shanghai Municipal Government's development strategy, announced in May 2009, states that Shanghai's goal is to become the country's most important equipment manufacturing research and development, production and export base. In the government's active support policies and its own adherence to the localization strategy **** the same role, with the advantages of high-tech Sandvik Mining and Construction Machinery Assembly Center ultimately chose to settle in Shanghai, China is naturally a waterfall.