Sandvik bolsters North American presence with acquisition of tungsten manufacturer Buffalo Tungsten.
NORDIC BUSINESS REPORT-October 26, 2023-Sandvik bolsters North American presence with acquisition of tungsten manufacturer Buffalo Tungsten
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
High-tech engineering group Sandvik (STO:SAND) announced on Thursday that it will acquire Buffalo Tungsten, Inc. (BTI), a prominent US tungsten metal powder and tungsten carbide powder manufacturer.
This strategic move falls under Sandvik's business segment Sandvik Machining Solutions (SMS), bolstering their North American market presence and regional component manufacturing capabilities.
The acquisition promises synergies by optimizing material sourcing and increasing local...
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