Sandvik acquires chinese international mining,sandvik has reached an agreement with the owners of shanghai jianshe luqiao machinery sjl in shanghai china to acquire of the equity interest in the company sjl is one of the leading companies in the design and manufacture of crushing and screening equipment including consumables and services to the chinese mining and construction industries
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sandvik has reached an agreement with the owners of shanghai jianshe luqiao machinery sjl in shanghai china to acquire of the equity interest in the company sjl is one of the leading companies in the design and manufacture of crushing and screening equipment including consumables and services to the chinese mining and construction industriesfeb ydramatic will be integrated into sandvik mining and construction and will be consolidated from the end of february of sandvik mining and construction lars josefsson said inaug andvik mining and construction is a business area within the sandvik group and a leading global supplier of equipment cementedcarbide tools service and technical solutions for the excavation and sizing of rock and minerals in the mining and construction industries annual sales in 2010 amounted to about sek 35200 with approximately
may uotthe asian market is big and it will grow even morequot says lars josefsson president of sandvik mining and construction quotby relocating to singapore we show both externally and internally the importance of focusing on this market We also feel that local presence is essential in the business culture in that part of the worldquotthe importance and complexity of the system and the impressive performance data demonstrate sandvik mining and constructios capability to provide hightech solutions in the area of bulk materials handling systems for mining applications says lars josefsson president of the sandvik mining and construction business area