# Sandvik investing SEK 260M to expand rock drill production in Tampere, Finland

Sandvik is investing SEK 260 million to expand its rock drill production facility in Tampere, Finland. The phased expansion will initially increase capacity by 25%, with potential for a further 20% increase, and includes a 1,600-square-meter extension and new automated machine tools.

- Type: Expansion
- Announced: 2023-08-01
- Where: Tampere, Finland, Finland
- Value: $24.0M (260.0M SEK)
- Starts operating: 2024
- Status: announced
- Capacity: 25 percent initial increase, potential 20 percent further increase
- Products: rock drills
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md)

## Sources

- [mining.sandvik](https://www.mining.sandvik/en/news-and-media/news-archive/2023/08/sandvik-investing-260-msek-to-increase-rock-drill-production/), 2023-08-01: "We see continuously increasing demand for our rock drills for surface and underground mining and civil engineering applications, driven both by aftermarket growth and drilling equipment sales."
- [aamulehti.fi](https://www.aamulehti.fi/tampere/art-2000009790614.html), 2023-08-17: "Olemme kasvaneen kysynnän takia tilanteessa, jossa meidän on syytä lisätä porakoneidemme valmistuksen kapasiteettia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.