Partnership Strengthens Company's Position in Automotive Segment

Sandvik Coromant and Hanna Tools have created a mutually beneficial partnership that will allow Sandvik Coromant to further develop and strengthen its global position within the automotive segment. Hanna Tools will introduce its tool portfolio to a wider customer base.

The aim of this partnership is to continue to develop and offer engineered solutions to the global automotive industry, mainly for machining aluminum and cast iron. Today, both companies are active in offering specific solutions for machining key component features. These solutions involve advanced engineered precision tools and require specific engineering competence.  

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

The combination of Sandvik Coromant’s global presence matched with Hanna Tools’ unique technologies offer a competitive assortment dedicated to targeted customers and machine tool makers.