June 8, 2012 - The world's leading company, the Swedish high-tech industrial group Sandvik announced that the Sandvik Hard Materials China Application Center was officially completed in Wuxi today. As an important part of Sandvik's overall investment in China, the center will not only display Sandvik's latest hard material technology, but also further enhance the localized research and development capabilities of Sandvik hard materials for customers in China and Asia. Provide the best product solutions. Sandvik Hard Materials is one of the world's largest manufacturers of hard alloys. The company's hard materials play an important role in the fields of steel, aerospace, automotive, general engineering, can molds and sanitary products. Its leading cemented carbide solutions can effectively prevent product deformation, breakage, and maximum increase. Product wear resistance, improve the product's ability to resist corrosion and oxidation. As the world's first Sandvik hard material display and R&D center, China Application Center will be based in China and radiate to the Asian region, laying the foundation for Sandvik's faster development in the region. China Application Center not only provides first-hand product information for customers, suppliers and partners, but also demonstrates Sandvik's leading material production control processes, as well as advanced solutions in various industries, as well as companies, customers and suppliers. Businesses provide a platform to share innovation and exchange learning. At the same time, the center brings together a group of high-quality local R&D personnel in the field of mold forming, who can communicate with local customers at any time to understand their latest needs and provide customers with diversified product portfolios and solutions. AndersThelin, executive vice president of Sandvik Group and president of Sandvik Venture Capital, said: "As the world's leading high-tech engineering group, Sandvik came to China in 1985 and established the first in Langfang, Hebei in 1994. After more than 20 years of unremitting efforts, we have opened 65 offices in China, established 13 comprehensive production bases, and our employees have grown to 4,000 people today, covering 100 cities. Sandvik Hard Materials China Application The completion of the center not only marks an important step forward for the Group's development in China, but also reflects Sandvik's commitment to deepen investment and accelerate development in the Chinese market. Wuxi is an important industrial service center of Sandvik in China. One of the hard materials China Application Center will also enhance the Group's professional service level in the Chinese market and even in Asia.†Sandvik Hard Materials China Application Center will also work closely with the UK R&D Center to integrate the advantages of both parties. Maximize product productivity and expand Sandvik's strengths in key regions such as Asia. Mr. BengtE Johansson, Consul General of the Swedish Consulate General in Shanghai, said: “Sandvik is a leader in the Swedish steel industry and has a long history in the production of steel products and cutting tools. It is a good example of how Swedish companies are exploring. Leading the technology while maintaining the corporate tradition. In Wuxi, we have witnessed the completion of the three Sandvik factories, which reflects the achievements of Sandvik in the Chinese market. I hope that Sandvik will continue to maintain the excellence of Swedish enterprises in the future. The concept of sustainable development and innovation is making greater progress in Wuxi."
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