an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . august 2016 learn how and when to remove this template message for the village in the faroe islands see sandv k. sandvik ab type publicly traded aktiebolag nasdaq stockholm sand industry engineering founded 1862 ; 154 years ago 1862 headquarters stockholm sweden key people johan molin chairman of the board bj rn rosengren ceo products tools and tooling systems for metal cutting mining and construction equipment and tools stainless steel and special alloy products revenue sek 90.822 billion 2015 1 operating income sek 6.062 billion 2015 1 profit sek 2.194 billion 2015 1 total assets sek 101.242 billion end 2015 1 total equity sek 34.060 billion end 2015 1 number of employees 45 809 2015 1 website home.sandvik sandvik is a global company founded in 1862 by g ran fredrik g ransson sv in sandviken sweden . sandvik is a high technology engineering group in tools and tooling systems for metal cutting equipment tools and services for the mining and construction industries products in advanced stainless steel and special alloys as well as products for industrial heating . sandvik has about 45 000 employees and sales in more than 150 countries . invoiced sales is approximately sek 86 billion 2015 . 1 sandvik was the first company to commercially exploit the bessemer steel process . citation needed the first blast furnace was installed by an english engineer and is now on display in a park in sandviken . contents 1 corporate structure 1.1 sandvik machining solutions 1.2 sandvik mining and rock technology 1.3 sandvik materials technology 2 birmingham 3 see also 4 references 5 external links corporate structure edit g ran fredrik g ransson founder of sandvik . sandvik consists of three business areas . sandvik machining solutions edit a market leading manufacturer of tools and tooling systems for advanced industrial metal cutting . products are manufactured in cemented carbide and other hard materials such as diamond cubic boron nitride and special ceramics . sandvik mining and rock technology edit a sandvik lh517 underground loader a leading supplier in equipment tools service and technical solutions for the mining and construction industries . application areas include rock drilling rock cutting crushing and screening loading and hauling tunneling quarrying and breaking and demolition . sandvik materials technology edit a world leading manufacturer of advanced stainless steels and special alloys for the most demanding industries . the offering covers a large variety of product forms such as tube pipe wire strip and metal powder as well as products for industrial heating birmingham edit sandvik s first overseas arm was in birmingham england . the uk headquarters is now in nearby halesowen . see also edit list of swedish companies references edit a b c d e f g annual results 2015 . sandvik . retrieved 11 march 2015 . in q3 2015 intention to divest mining systems business was announced approx . 5 billion sek in invoiced sales . numbers in facts box reflect group incl . mining systems . external links edit sandvik v t e omx stockholm 30 companies of sweden abb alfa laval assa abloy astrazeneca atlas copco boliden electrolux ericsson getinge hennes & mauritz investor ab kinnevik lundin petroleum modern times group nokia nordea sandvik sca seb securitas skanska skf ssab svenska handelsbanken swedbank swedish match tele2 teliasonera volvo v t e hand tool manufacturers current dasco pro inc. apex tool group allen armstrong tools crescent diamond gearwrench k d tools lufkin nicholson plumb sata tools wiss xcelite bondhus buck bros. channellock cornwell tools digitool solutions disston saw works ega master eklind emerson ridgid empire level estwing felo few fiskars gerber gardner bender gedore gray tools dynamic tools hazet hans tools heyco ideal industries pratt read sk hand tools western forge klein tools knipex kukko leatherman lie nielsen toolworks lisle corporation lowell corporation matco tools martin tool & forge newell brands irwin lenox otc park tool pb swiss saltus sandvik senco snap on bahco cdi torque products williams stahlwille stanley black & decker blackhawk bostitch dewalt facom mac tools proto sidchrome stanley hand tools textron greenlee klauke paladin tools techtronic industries milwaukee thorsen manufacturing tom f teira toptul vaughan victorinox wenger wera tools wescott westward tools wiha tools witte tools wright tool historic coes wrench company easco hand tools forest city screwdriver and drill company goodell pratt hinsdale holtzapffel indestro mathieson mckaig hatch new britain machine company norris north brothers manufacturing company h. d. smith & co. utica tools bonney forge herbrand vlchek house brands ace hardware ace tools autozone duralast blain s farm and fleet duracraft canadian tire mastercraft the home depot husky lee valley veritas lowe s kobalt menards masterforce montgomery ward powrkraft sears craftsman this swedish corporation or company article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title sandvik & oldid 742950152 categories companies based in stockholmcompanies established in 1862tool manufacturing companies of swedenmining equipment companiessteel companies of swedenswedish brands1862 establishments in swedencompanies listed on the stockholm stock exchangeswedish company stubshidden categories articles with a promotional tone from august 2016all articles with a promotional toneinterlanguage link template link numberall articles with unsourced statementsarticles with unsourced statements from september 2015all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation 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