Swedish steel shaped our world
Sandvik was making ingot steel using the Bessemer long before anyone else. A trader named Göran Fredrik Göransson succeeded in producing steel in large quantities to meet growing demand. On the back of this innovation, Sandvik was founded in 1862. Göransson was a pioneer in other areas as well. He was ahead of his time in what’s now known as relationship marketing.
A challenging enterprise
From the start, Göransson was on the road himself, looking for customers across the Continent. A giant task at that time! But his business idea was based on direct contact between manufacturer and customer. This style of valuing customer contacts is alive and well in Sandvik Coromant today. We’ve always continued to develop customer-cooperation.
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Innovations continued on the product side. In 1942 a small cemented carbide tools department was started and the Sandvik Coromant brand name was registered. And in 1952, an entire production unit was established in Gimo, central Sweden, now the main plant for tools and carbide inserts.
A world-leading tool supplier
Our desire to keep on developing has made us a world leader in metal cutting tools. Our path — from steel production via the first cemented carbide products to today’s sophisticated tools for turning, milling and hole making — is lined with innovations. Innovation has not just been reserved for products and machining methods, but also customer contacts, service and training.
Milestones >>
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