Equipment maker Sandvik said it will be cutting 1,100 as part of a cost-saving restructuring effort. The company, which said it will also be consolidating production units and optimizing its organizational structure, said orders from majors were at a good level but it had seen a decrease in business from smaller operators as well as from the infrastructure market. The…
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Equipment maker Sandvik has won its largest-ever order, valued at SEK 248 million (US$23.66 million), for surface drill rigs to be delivered beginning this quarter to U.S. dealer Country Boy Supply. Full story.
Read MoreSandvik, on a path to grow strategically into key high-growth industry segments, said December 28 it has inked a deal to acquire German-based sensorized tool and automation software supplier pro-micron GmbH. “Sensorized tools is a high-growth market, with strong underlying drivers such as the accelerated shift to automated production, increasing demand of production data from our customers and closed loop…
Read MoreSandvik has received millions in new equipment purchase orders for equipment including trucks, loaders and drills from Europe and Africa, respectively, from miners LKAB and Jimond. LKAB’s order is for its Kiruna mine in northern Sweden, one of the largest underground iron ore mines in the world, and includes, over two orders, 12 Toro LH625iE cable-electric loaders and five Toro…
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Sandvik recently introduced the AutoMine-ready Toro LH514iE loader, a revamped version of its 14-metric-ton cable-electric loader. The loader builds on its predecessor, Sandvik LH514E, with several new updates to enhance safety and productivity. Sandvik, which has been delivering electric mining loaders for more than 35 years, built on its legacy and integrated the latest electrification, digitalization and automation technologies, making…
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Featuring an industry-first curved thread design, Sandvik’s new CT55 and CT67 top hammer tool systems are the most advanced the company has launched. The unique design increases efficiency and reduces cost while saving fuel and simplifying automated drilling in surface bench and underground longhole applications. The new multi-patented, first-of-its-kind curved thread design from Sandvik reduces stress levels by distributing them…
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Sandvik has signed an agreement to acquire German-based gear manufacturing software developer esco in a deal with undisclosed terms. The supplier is known for its creation of power skiving software; its solutions support design, production and quality inspection for gear manufacturing. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. “Power skiving is…
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Sandvik Mining and Rock Solutions is introducing AutoMine Core, a comprehensive automation platform for mass mining applications to support customers ramping up from manual operation to fully autonomous production. Built on Sandvik’s proven AutoMine Fleet and Manual Production Monitoring (MPM) solutions, AutoMine Core provides users with multiple levels of interoperability for Sandvik and third-party OEM fleets. It provides access to…
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Sandvik Mobile Crushers and Screens continues to drive the sustainability shift in the crushing and screening industry with the launch of the fully electric UJ443E heavy jaw crusher, ideal for the mining, quarry and contractor segments. The Sandvik UJ443E is built upon a new ‘fully electric’ track platform and features high quality, reputable componentry throughout, as well as the latest…
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Sandvik Mining and Rock Solutions has introduced two new virtual training simulators to its popular Digital Driller offering.
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