Sandvik Coromant signs Cooperation Agreement with Hanna Tools

Sandvik Coromant and Hanna Tools are forming a global partnership to jointly strengthen the offer to the global automotive industry. The partnership was initiated last year and a cooperation agreement has been signed.

Coromant-logo-300x111Through the partnership with Hanna Tools, Sandvik Coromant intends to further develop and strengthen the global business in the automotive segment.The ongoing co-operation between Sandvik Coromant and Hanna Tools, mainly in Brazil has been mutually beneficial through introductions of Hanna Tools’ portfolio to a wider customer base at the same time as Sandvik Coromant has grown a more complete customer offering in the automotive segment.

The aim is to continue to develop and offer world-leading engineered solutions to the global automotive industry mainly for machining of aluminum and cast iron. Both parties are today active and offer specific solutions for machining key component features.Solutions that are characterized by advanced engineered precision tools and requiring specific engineering competence.

hanna-300x104Hanna Tools has unique solutions and technologies that together with the global presence of Sandvik Coromant can complete a competitive assortment dedicated to targeted customers and machine tool makers. Our combined engineering competence, innovative solution and new technologies allow us to leverage and improve our offer to the global automotive industry.

“The existing co-operation between Sandvik Coromant and Hanna Tools 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, President of Sandvik Coromant.

“The consolidation and expansion of this partnership with Sandvik Coromant, enables Hanna Tools to promote its brand and expertise at global levels. In addition to allowing us to access the newest technologies of research and development of new products.” says Eduardo Hanna, CEO of Hanna Tools.

Source Sandvik Coromant