Jump to content
Sandvik Group
Menu
Back to Business areas

Machining

A man in work clothes standing next to a row of monitors and an industrial environment

Business area Machining is a global market-leading manufacturer of tools and tooling systems for advanced industrial metal cutting.

Machining

Business area Machining provides tools, tooling systems, metal powder and services that optimize machining operations such as turning, milling and drilling. Services include, for example, logistic solutions and productivity improvement programs. The business area holds several market-leading brands for its metal-cutting offering which operate independently from each other.

President of the business area: Nadine Crauwels

Key figures 2024

Revenues
48,567 million SEK
Adjusted operating profit (EBITA)
9,718 million SEK
Employees
20,801

  • Divisions
    • Sandvik Coromant
    • Seco
    • Walter
    • Dormer Pramet
    • Powder Solutions
    • Tool Flow Solutions
    • GWS

  • Demand drivers
    • Regionalization
    • Urbanization
    • Demography challenges
    • Material evolution
    • Complex component designs require more advanced tooling solutions
    • Skills gap due to an ageing workforce drive demand for automation and software solutions
    • Sustainability

  • Competitors

    Competitive landscape/Major competitors:

    • Competitors in the premium market: IMC Group (ISCAR brand), Kennametal
    • Fragmented in the mid-market including global premium players present with their mid-market brands: Mitsubishi, IMC Group (TaeguTec brand), Kennametal (Widia brand)

Related products and solutions

Efficient and sustainable manufacturing
Our tooling and software solutions enable a component manufacturing industry that is more productive, energy efficient and less resource intensive.
A man standing next to a CNC machine looking on a tabket that he holds in one of his hands
Tools and software for component manufacturing
We offer a complete range of cutting tools, tooling systems and technical services for component manufacturing. Our range also includes digital solutions and software for the entire manufacturing value chain.