Sandvik investing 260 MSEK to increase rock drill production

To strengthen its position as mining’s leading rock drill manufacturer, Sandvik is investing SEK 260 million to increase its rock drill production capacity in Tampere, Finland.

The phased expansion will initially increase production capacity by 25 percent, with the potential to increase by a further 20 percent.

“We see continuously increasing demand for our rock drills for surface and underground mining and civil engineering applications, driven both by aftermarket growth and drilling equipment sales,” said Petri Virrankoski, President of Sandvik Mining and Rock Solutions’ Surface Drilling Division. “This investment will strengthen our position as the leader in rock drill development and manufacturing.”

The first phase of the project will be complete by the end of 2024 and includes the design and construction of a 1,600-square-meter extension to the existing production facility. New machine tools will also be integrated into the site’s flexible manufacturing system, featuring automation and autonomous mobile robots.

Depending on demand development, the 1,600-square-meter extension would then also be able to accommodate installation of additional new machine tools during 2025, delivering even more production capacity by 2027.

“For more than 50 years, Sandvik rock drills have been renowned for their high quality, endurance and reliability,” said Timo Laitinen, Vice President Business Unit Rock Drills at Sandvik Mining and Rock Solutions. “Our facility expansion will accommodate state-of-the art production equipment that will help us uphold that reputation as we meet increasing demand for our rock drills.”

Tampere, Finland, August 17, 2023

For more information, please contact:
Timo Laitinen
Vice President Business Unit Rock Drills
Sandvik Mining and Rock Solutions
Email: timo.laitinen@sandvik.com

Sandvik Group
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2022 the Group had approximately 40,000 employees and revenues of about 112 billion SEK in about 150 countries within continuing operations.

Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions is a business area within the Sandvik Group and a global leading supplier of equipment and tools, parts, service, digital solutions and sustainability-driving technologies for the mining and construction industries. Application areas include rock drilling, rock cutting, loading and hauling, tunneling and quarrying. In 2022, sales were approximately 57 billion SEK with about 16,200 employees.