Sandvik Coromant Partners with Hanna Tools
The strategy is to develop and offer engineered solutions for machining aluminum and cast iron in the automotive industry.
Posted: June 15, 2015
A mutually beneficial partnership with Hanna Tools (Limiera, Brazil) will allow Sandvik Coromant (Sandviken, Sweden) to further develop and strengthen their global position within the automotive segment as Hanna introduces their own tool portfolio to a wider customer base.
The aim of this partnership is to continue to develop and offer world-leading engineered solutions to the global automotive industry, mainly for machining aluminum and cast iron. Today, both companies are active in offering specific solutions for machining key component features. These solutions involve advanced engineered precision tools and require specific engineering competence.
“The existing cooperation between us and them has led to new business opportunities and, with this partnership, we intend to further develop and strengthen the global business within the automotive segment,” says Klas Forsström, the president of Sandvik Coromant.
“The consolidation and expansion of this partnership with them enables us to promote our brand and expertise at global levels,” stated Eduardo Hanna, the chief execuitve officer of Hanna Tools. “In addition, it allows us to access the newest technologies of research and development of new products.”
The combination of Sandvik Coromant’s global presence matched with Hanna Tools’ unique technologies offer a competitive assortment dedicated to targeted customers and machine tool makers. The joint engineering competence, innovative solutions and new technologies allows both companies to leverage and improve their global automotive offer.
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