April 28, 2008 -- The Swedish-based Sandvik group, one of the world's largest engineering equipment producers, plans to expand its manufacturing production bases on the Chinese mainland this year to tap the nation's mining and construction boom. Sandvik China is set to build three new factories in Wuxi, Jiangsu province, to enhance its production capacity. The three factories, operated by the company's three business sectors: Sandvik Mining & Construction, Walter, and Sandvik Hard Materials will respectively produce cemented carbide tools for mining equipment; design and produce cutting tools and special tools; and produce cemented carbide wear parts. Construction on the factories will start in October.
Abstracted from Industry Updates
