Lars Engström, President of Sandvik Mining and Rock Technology, will leave Sandvik during 2019 after the appointment of a successor.
Sandvik acquires privately owned Artisan Vehicle Systems, manufacturer of battery powered underground mining equipment, based in Camarillo, California, USA.
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Sandvik Materials Technology has received several orders for advanced tubes for the oil and gas industry at a combined value of about 1 billion SEK, with the majority being umbilical tubes.
Sandvik has completed the acquisition of the US-based company Dura-Mill, a manufacturer of precision solid carbide end mills.
The plant has been selected as a “lighthouse” site, namely one that comprehensively deploys a wide range of Industry 4.0 technologies and use cases at scale, while keeping humans and sustainability at the heart of innovation.
Dormer Pramet, a division within Sandvik Machining Solutions, has acquired the US based company Wetmore Tool & Engineering, a manufacturer of round tools specialized for the aerospace industry.
Sandvik will publish its fourth quarter results on Monday, 21 January 2019 at approximately 08.00 CET.
Sandvik and SSAB arranged an innovation challenge to find a solution for traceable steel. The winners of the challenge are now selected.
Read about what working at a global company can be like and how Sandvik works to attract the most brilliant minds
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