Sandvik and Lingong form mining equipment joint venture in China

Sandvik and Lingong Group Jinan Heavy Machinery formed a joint venture in Jinan, Shandong, China, to produce and sell surface and underground mining equipment for mid-market customers. Sandvik holds the majority share.

“This joint venture agreement is in line with Sandvik's strategy to develop a strong foothold in the fast expanding mid-market for mining equipment.”geodrillinginternational.com

• 1 source
• geodrillinginternational.comSandvik and Lingong form joint ventureFeb 7, 2017

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