Sandvik was founded in 1862 by Göran Fredrik Göransson. He was the first in the world to succeed in producing steel on an industrial scale. At an early stage the activities were focused on high quality, added value and close contact with customers and exports. This strategy has remained unchanged over the years. As early as the 1860s, the range of drill steel for drilling into rock walls was already available. The listing on the Stockholm Stock Exchange took place in 1901. Production of stainless steel began in 1921 and tungsten carbide in 1942. Production of tungsten carbide tools began in the 1950s in Gimo, Sweden.
In the 1960s, an extensive investment programme was carried out at the main factory in Sandviken. In 1972 the company name was changed to Sandvik AB and in 1984 a decentralized organization was introduced, with a parent company, separate business areas, regional companies and service companies. In addition to organic growth, Sandvik's expansion over the years has also brought with it a series of business acquisitions. Examples include Tamrock, the Finnish producer of rock excavation machinery, and Varel International Energy Services Inc., a global provider of drilling solutions focusing on well construction and finishing products.
Today, Sandvik is a high-tech and global engineering group with approximately 43,000 employees. We have a strong commitment to improving customer productivity, profitability and safety. Our activities are based on our unique expertise in materials technology, extensive knowledge of industrial processes and close cooperation with customers. This combination, coupled with continuous investment in research and development, has enabled us to acquire leading positions worldwide in the following areas:
- Tools and tool systems for industrial metal cutting.
- Equipment and tools, service and technical solutions for mining and construction.
- Advanced stainless steels and special alloys, as well as products for industrial heating.
When choosing the steel it is important to keep in mind the application for which the knife will be used. The steel requirements for a hunting knife are very different from the steel requirements for a sea fishing knife. Thanks to the extremely hard steel, the resistance, the sharpness and optimal protection against corrosion, the Sandvik 12C27 for example has the recommended quality for hunting knives, pocket knives and tactical knives.