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 2018

Revenues: 40,343 million SEK
Operating profit: 9,872 million SEK
Employees: 19,284

President: Klas Forsström

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 27
  • Aerospace 14
  • Energy 9
  • Other 4

Revenues by market area

  • Europe 55
  • North America 21
  • Asia 20
  • 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


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