Sandvik announces layoffs in Arbrå, Sweden


Sandvik announces layoffs in Arbrå, Sweden

Sandvik Mining and Construction intends to immediately initiate negotiations
with the personnel organizations regarding closing of the manufacturing of
mobile crushers, screens and stationary feeders in Arbrå, Sweden. The notice of
termination of employment affects all personnel employed at Sandvik SRP AB in
Arbrå, 53 persons.
As a result of continued reduced demand from Sandvik's customers for mobile
crushing equipment, the company's total capacity must be reduced. 
The closing is in line with the long-term strategy for mobile crushers and
screens involving a concentration of resources and expertise to England and
Northern Ireland. 


Sandviken, 3 March 2009

Sandvik Aktiebolag (publ)



Sandvik AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 2:00 p.m. on 3 March 2009.


For further information, contact Bengt Kvisth, President Sandvik SRP AB, tel +46
40 40 63 25, Anders Wallin, Vice President Group Communications, Sandvik AB, +46
26 26 09 20 or Jan Lissåker, Vice President, Investor Relations, Sandvik AB, +46
26 26 10 23.

Sandvik is a global industrial group with advanced products and world-leading
positions in selected areas - tools for metal cutting, machinery and tools for
rock excavation, stainless materials, special alloys, metallic and ceramic
resistance materials as well as process systems. The Group had at the end of
2008 about 50,000 employees and representation in 130 countries, with annual
sales of approximately SEK 93,000 M.

Sandvik Mining and Construction is a business area within the Sandvik Group and
a leading global supplier of machinery, cemented-carbide tools, service and
technical solutions for the excavation and sizing of rock and minerals in the
mining and construction industries. Annual sales 2008 amounted to about SEK
38,700 M, with approximately 16,800 employees.

Attachments

03032117.pdf