Employees of Sandvik Machining Solutions Awarded Wilhelm Haglund Medal 2013

  Employees of Sandvik Machining Solutions Awarded Wilhelm Haglund Medal 2013

Business Wire

SANDVIKEN, Sweden -- April 25, 2013

Regulatory News:

Sandvik (STO:SAND):

Coworkers Silvia Dahlund, Jenni Zackrisson and Sakari Ruppi from Seco Tools,
which is part of the Sandvik Machining Solutions business area, have been
awarded the Wilhelm Haglund Medal for their development of a new generation of
oxide-coated inserts. The accolade of Product Developer of the Year within the
Group for 2013 was presented at Sandvik’s Annual General Meeting on 25 April
in Sandviken.

Cemented-carbide inserts are the most important type of tool used for metal
cutting and thus crucial to Sandvik’s customer offering in the area. The new
grade of insert, featuring significantly enhanced coating durability, was
developed primarily for steel turning applications in the automotive and
engineering industries and significantly increases customer productivity.
Metal working is being conducted at ever-higher speeds and the demands for
durability and heat resistance are rigorous. The new products have yielded
major sales successes and they have significant development potential. The
product offering has already been expanded to other metal-cutting areas.

“The work is pioneering within the industry and it is impressive that, 30
years after the first market launch of oxide-coated inserts, it has been
possible to make such a vast improvement to these products,” says Olle Wijk,
Head of Group R&D at Sandvik and member of the Group Executive Management.

“It is encouraging that Seco Tools has been highlighted in this way for its
innovative approach and ability to rapidly convert research results into
products. It has been a team effort and all those involved can be proud that
they have contributed to the development and to the major commercial
successes,” says Silvia Dahlund, one of the three prizewinners.

The Wilhelm Haglund Medal for the Product Developer of the Year has been
awarded since 1986 and is named after the legendary Managing Director Wilhelm
Haglund, who laid the foundations for the Group’s successes in the
cemented-carbide area. The award is presented to the employees or group of
employees who have made the most significant development of a product that has
led to a commercial success. The award consists of an 18-carat gold medal, a
diploma and a study trip.

Stockholm 25 April 2013

Sandvik AB

The Sandvik Group Sandvik is a global industrial group with advanced products
and world-leading positions in selected areas – tools for metal cutting,
equipment and tools for the mining and construction industries, stainless
materials, special alloys, metallic and ceramic resistance materials as well
as process systems. In 2012 the Group had about 49,000 employees and
representation in 130 countries, with annual sales of about 99,000 million

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Sandvik AB
Jan Lissåker, Executive Vice President Group Communications
tel: +46 8456 12 28
Pär Altan, Vice President Group External Communications
tel: +46 8456 12 37
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