Sandvik Aktiebolag | Company profile from Hoover's
 
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Sandvik Aktiebolag · Sandviken Sweden(OMX Stockholm: SAND)

Company Description

Storgatan 2
Sandviken
SE-81-1 81
Sweden (Map)
Phone: +46-26-26-00-00
Fax: +46-26-26-10-22
Toll Free: 800-726-3845
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    When it comes to machine tools, Sandvik knows the drill. The company makes a wide array of tools for drilling holes in just about anything. Its cemented-carbide cutting tools are used by the automotive, aerospace, and engineering industries to drill, mill, and machine metal. Sandvik also produces mining and construction equipment for drilling, crushing, loading, and transporting rock and ore. Its specialty steel division makes stainless steel and alloy tube, strip, wire, and bar that are used primarily by the engineering and processing industries. Sandvik's operations are represented in more than 130 countries worldwide. Europe accounts for nearly half of its sales; the US is the largest single country. To read the full description, subscribe now.
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    Key Sandvik Aktiebolag Financials

    Company TypePublic - OMX Stockholm: SAND

    Headquarters
    Fiscal Year-EndDecember
    2008 Employees50,028

    Sandvik Aktiebolag Executives

    23 executives listed for Sandvik Aktiebolag's Sandviken Sweden location.
    TitleName & BioContact
    ChairmanClas Åke HedströmEmail
    Vice ChairmanAnders NyrénEmail
    President, CEO, and DirectorLars PetterssonEmail

    Competition

    Competitive Landscape for Sandvik Aktiebolag
    Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
    Top Sandvik Aktiebolag Competitors
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