Sandvik to build new crushing equipment plant

Thursday, 09 September 2010 12:00:15 (GMT+3)   |  
       

Swedish high-technology engineering and steelmaking group Sandvik has announced that its subsidiary Sandvik Mining and Construction is expanding its manufacturing of crushing equipment in Svedala, Sweden, investing SEK 300 million (approximately $50 million) in a new production plant.
 
The nearly 6,000 square meter production plant will be completed during early 2012 equipped with the most modern production equipment for manufacturing key components for Sandvik's crushers, which are assembled not only in Svedala, but also in other countries. The investment follows a decision earlier this year to also build a new distribution center in Svedala for spare parts for the European market.

"Sandvik Mining and Construction has in recent years consolidated manufacturing to larger and highly efficient plants. In all locations in which we have manufacturing, it must be of world class. This applies to the highest degree to our facility in Svedala, where we also have our product development center for crushing technology," said Gert Sköld, CFO and vice president, Sandvik Mining and Construction.
 


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