SANDVIKEN, Sweden, Sept. 10, 2003 (PRIMEZONE) -- Tom Erixon has been appointed President of Sandvik Hard Materials and a member of the Sandvik Tooling Management Team as of 1 October, 2003.
Sven Flodmark resumes from the same date a new position in business development for Sandvik Tooling and remains a member of the Sandvik Tooling Management Team.
Peter Larson will assume the responsibility as CIO parallel to his tasks as CFO. He will thereby become chairman of the board of Sandvik Systems Development and Sandvik Information Technology.
For additional information please contact: Anders Thelin, President of Sandvik Tooling Business Area + 46 26 26 63 84.
Sandvik (Other OTC:SDVKY) is a high-technology engineering group with advanced products and world-leading positions in selected areas - tools for metalworking, machinery and tools for rock excavation, stainless steel, special alloys and resistance heating materials and process systems. The Group has 37,000 employees in 130 countries, with annual sales of approximately SEK 50,000 M.
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