Sandvik AB is a Swedish company founded in 1862 by Göran Fredrik Göransson. Sandvik is a high-technology engineering group in tools and tooling systems for metal cutting, equipment, tools and services for the mining and construction industries, products in advanced stainless steel and special alloys as well as products for industrial heating. Invoiced sales is approximately SEK 91 billion (2017). Sandvik was the first company to commercially exploit the Bessemer Steel process. The first blast furnace was installed by an English engineer and is now on display in a park in Sandviken, Sweden.
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