Sandvik Machining Solutions has decided to review the potential closure of a production plant for round tools within the Walter division in
The envisaged closure would be expected to be finalized by mid-2021 with full run-rate of net savings of about
For further information, contact
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Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas - tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2018, the Group had approximately 42,000 employees and revenues of about
https://news.cision.com/sandvik/r/sandvik-considers-further-production-footprint-consolidation,c3011858
https://mb.cision.com/Main/208/3011858/1176745.pdf
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