Sandvik Machining Solutions

Business area Sandvik Machining Solutions is a market-leading manufacturer of tools and tooling systems for advanced industrial metal cutting, optimizing customers' machining operations.

Key figures 2019

Revenues: 41,123 million SEK
Operating profit: 8,380 million SEK
Adjusted operating profit: 9,310 million SEK
Employees: 18,453

President

Lars Bergström

Products are manufactured in cemented carbide and other hard materials such as diamond, cubic boron nitride and special ceramics. Services include, for example, logistic solutions and productivity improvement programs.

During the last few years, Sandvik Machining Solutions has expanded into the areas of additive manufacturing and digital 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.

The business area holds several market-leading brands for its metal-cutting offering which operate independently from each other.

Revenues by customer segment

  • General engineering 46
  • Automotive 26
  • Aerospace 16
  • Energy 9
  • Other 3

Revenues by market area

  • Europe 54
  • North America 23
  • Asia 19
  • South America 2
  • Africa/Middle East 1
  • Australia 1

Demand drivers

  • Global industrial production
  • Primary metals consumption
  • Materials evolution: aluminum, titanium, composites
  • New technologies: additive manufacturing, near-net shaping, 5-axis machining

Products and services


Related stories


Partnership for effective programming

Sandvik Applied Manufacturing Technologies is using its partnership with Google Cloud to drive innovation.

Electric vehicle automaker uses 3D printing and a microfactory to stay ahead of the game.

Kristian Egeberg and Mikael Schuisky

As an emerging manufacturing process, additive manufacturing not only has the potential to change the landscape for product development, manufacturing and logistics, it can also improve sustainability across a variety of industries.