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, optimizing customers' machining operations.

Key figures 2020

Revenues: 32,477 million SEK
Employees: 17,301

President

Stefan Widing

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, the business area 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.

Sandvik Manufacturing and Machining Solutions 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
  • Mining 1
  • Other 2

Revenues by market area

  • Europe 53
  • North America 22
  • Asia 21
  • 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

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