Sandvik Machining Solutions has decided to review the potential closure of a production plant for round tools within the Walter division in Frankfurt, Germany. Production volumes would be transferred to other units within Sandvik Machining Solutions.
Sandvik's Board of Directors has appointed Stefan Widing as new President and CEO for Sandvik with effect no later than April 2020. Stefan Widing succeeds Björn Rosengren, who as previously announced leaves Sandvik as of 1 February 2020.
Sustainability is an integral part of Sandvik´s business and we are increasingly becoming the leading sustainable business partner for our customers. Sandvik will now take the next big step by launching four ambitious 2030 goals.