Sandvik Manufacturing and Machining Solutions

Business area Sandvik Manufacturing and Machining Solutions is a market-leading manufacturer of tools and tooling systems for advanced industrial metal cutting. In recent years, it has expanded into the areas of digital and additive manufacturing.

Key figures 2020

Revenues: 32,477 million SEK
Operating profit: 4,606 million SEK
Adjusted operating profit: 6,100 million SEK
Employees: 17,301

Business area President

Stefan Widing

The business area consists of two business area segments – Sandvik Machining Solutions and Sandvik Manufacturing Solutions.

Sandvik Machining Solutions

Business area segment Sandvik Machining Solutions provides tools, tooling systems 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 segment holds several market-leading brands for its metal-cutting offering which operate independently from each other.
President of the business area segment: Nadine Crauwels

Sandvik Manufacturing Solutions

Business area segment Sandvik Manufacturing Solutions covers the areas of digital manufacturing and additive manufacturing. These are areas where Sandvik is s uniquely positioned due to its extensive industrial experience and expertise in advanced materials, materials shaping and digital solutions.
President of the business area segment: Christophe Sut

Revenues by customer segment

  • Engineering 52
  • Automotive 26
  • Aerospace 12
  • Energy 9
  • Other 1

Revenues by market area

  • Europe 53
  • North America 22
  • Asia 21
  • South America 2
  • Africa/Middle East 1
  • Australia 1

Related products and services

Related stories

Precision parts manufacturer Don Schumacher Motorsports collaborates with Sandvik to keep winning on the racetrack and expand into industries as diverse as aerospace and defense.

The possibility of individualization and on-demand availability of implants, prostheses and other medical devices will affect the lives of many people.

Sandvik has partnered with IBM on several digital key projects within metal cutting.

What do one of the world’s tallest skyscrapers and a machining tool have in common?