Sandvik, Inc. Opens New Facility

FAIR LAWN, N.J., June 25, 2014 (GLOBE NEWSWIRE) -- On Tuesday, July 1, 2014 Sandvik, Inc. will celebrate the Grand Opening of its new US headquarters in Fair Lawn, New Jersey. The new 100,000 square foot facility contains a combination of modern office space, extensive meeting facilities and a state of the art Productivity Center and Aerospace Application Center for customer training, engineering and process development.

Sandvik, Inc. has maintained a presence in Fair Lawn since the mid-1950s. The new facility was constructed on a portion of the original building footprint with a focus on reducing environmental impact while enhancing the work environment. Furthermore, energy conservation was a major objective of the redevelopment project. The new facility was constructed with materials and systems controls that promote energy efficiency and reduce water consumption. In fact, more than 75% of all waste generated from the construction was diverted from landfills and either reused, recycled or repurposed.

As part of our commitment to the community, much of the furnishings and equipment from the previous building were donated to various local organizations including: the Borough of Fair Lawn, Habitat for Humanity, Fair Lawn Public Schools, and the Fair Lawn Fire and Rescue departments. Particular care was also employed to ensure that the existing landscaping and grounds were protected and maintained to include the preservation of the beloved 'Sandvik Red Oak' tree which now proudly stands at the building's entrance.

"As one of the original property owners in this area, we took this as an opportunity to redevelop our corporate home in New Jersey and recycle many elements of our original footprint," says Rick Askin, President of Sandvik, Inc. "Investing more than $20 million in our state-of-the-art facility demonstrates Sandvik's commitment to New Jersey and our dedication to technology and innovation."

Sandvik, Inc. is the US subsidiary of Sandvik AB, a global high technology industrial and engineering group offering products and services that enhance customer productivity, profitability and safety with world leading positions in the manufacture of advanced industrial tools, mining and construction equipment and products of high alloy materials. Sandvik AB has operations in 130 countries world-wide employing over 50,000 people. In the US, Sandvik, Inc. has approximately 4,000 employees and facilities located in 21 states.

CONTACT: John Casciano 201.794.5000 Karina Lopez 516.655.2176Source:Sandvik