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Sandvik secures order valued at SEK 350 M for sorting equipment in US

Sandvik Sorting Systems within the Sandvik Process Systems business sector has received a large, strategically important order for sorting equipment from the American company Lockheed Martin Distribution Technologies.

The equipment comprises Sandvik's fully automated package sorting system and is for more than 70 installations that will be carried out beginning in 2004 within the US Postal Service. The total order value is SEK 350 M.

"The order from Lockheed Martin demonstrates Sandvik's high-technology level and competitiveness in the area. The equipment will significantly enhance the efficiency of goods handling and increase the customer's productivity," says Svante Lindholm, President of Sandvik Process Systems.

Sandviken, 18 November 2002

Sandvik Process Systems