SANDVIK S NEWLY LOCATED HEADQUARTERS in bustling downtown Stockholm is just a short walk from Gamla Stan the city s pedestrian friendly old town center Brightly lit colorfully designed and modern the lobby and adjoining spaces are open and warm inviting social interaction and collaboration In fact that s the whole idea In large part the company s new home office relocated a few years ago from the northern town of Sandviken Sweden to Stockholm represents Sandvik s revitalization Founded back in 1862 Sandvik s original operations were considered historic and innovative The company specialized in manufacturing drill steel stainless steel and cemented carbide Production of cemented carbide tools began in the 1950s in Gimo Sweden about an hour north of Stockholm near Sandviken More on that location later Today Sandvik concentrates on three core areas tools and tooling systems for metal cut ting as well as components in cemented carbide and other hard materials equipment and tools for the mining and construction industries as processing systems products in advanced stainless steels special alloys and titanium as well as metallic and ceramic resistance materials A 2011 restructuring resulted in three separate business areas at Sandvik becoming five These five are Mining Machining Solutions Materials Technology Construction and Venture

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