RESHORING CASE

Sandvik

Company details
Code: 
Sandvik
Status: 
Work in progress
Company name: 
Sandvik
Company country: 
Finland
Number of employees: 
45808
Sector: 
C - Manufacturing
Sector detail: 
C25 - Manufacture of fabricated metal products, except machinery and equipment
Reshoring details
Reshoring announcement date: 
15/02/2016
Reshored to: 
Finland
Location of affected unit(s): 
Tampere
Location code: 
FI197
Reshored business function: 
Production
Reshoring governance mode: 
In house (in own facilities)
Case narrative: 

Sandvik is a Finnish company involved in the production of tools and machinery. In a statement on the official website the company stated that it intends to concentrate its activities in the Tampere site, and planned to close the Turku plant. The unusual source regarding a backshoring from China to Finland does not provide further details regarding the company's motivation for the move, or potential effects on employment. 

Offshoring details
Offshoring location: 
China
Notes: 
Previous news reports: For further information please contact: Tiina Heiniö, Sandvik Country Communications Manager Finland, Tel: +358-40-5031562, tiina.heinio@sandvik.com.